Community property

Community Property A method of defining the ownership of property acquired during marriage, ...

Community Property definition:
A marriage property legal term; property acquired or owned during a marriage or, where recognized, a marriage-like relationship, and which belongs, notwithstanding title, ...

Community Property
It is asystem of dividing property owned by husband and wife equally on divorce or on the death of one of them.

Community Property: Property and profits received by a husband and wife during the marriage, with the exception of inheritances, specific gifts to one of the spouses, and property and profits clearly traceable to property owned before marriage, ...

community property see property
complainant : the party (as a plaintiff or petitioner) who makes the complaint in a legal action or proceeding ...

COMMUNITY PROPERTY: Property acquired by a couple during their marriage. Refers to the system in some states for dividing the couple's property in a divorce or upon the death of one spouse.

community property: Community property is everything that a husband and wife or registered domestic partners OWN TOGETHER. In most cases that includes: ...

community property Property acquired during marriage and owned by both husband and wife.

Quasi-community property
A form of property owned by a married couple.

Community Property
Community property gives each spouse a vested right in marital property independent of a dissolution of a marriage.

community property with right of survivorship
community service
community trust ...

In community property states, property owned and controlled entirely by one spouse in a marriage. At divorce, separate property is not divided under the state's property division laws, but is kept by the spouse who owns it.

quasi community property
n. in community property states, property acquired by a couple wh...
quasi contract
n. a situation in which there is an obligation as if there was a ...

Uniform Disposition of Community Property Rights at Death Act (1971)
Uniform Division of Income for Tax Purposes Act (1957)
Uniform Dormant Mineral Interests Act (1986)
Uniform Durable Power of Attorney Act (1979) (1987) ...

Separate Property: In community property states (California, Texas, Arizona, Idaho, Louisiana, New Mexico, Nevada and Washington), the property owned by one spouse which he/she acquired: a) before marriage, b) by inheritance, c) as a gift, d) ...

in California, Louisiana and Texas, the law of "community property" of husband and wife prevails.

In community property states, marital property is the same as community property and is divided equally upon divorce. In nearly all other states, marital property is divided according to what the court determines is equitable.

relatives, then aunts, uncles, cousins, nieces and nephews may inherit, depending on their degree of kinship (closeness of family relationship), state laws of descent and distribution, or whether the deceased person lived in a community property ...

Personal Relationships Community Property
Professional Corporations
Personal Relationships Gay and Lesbian ...

marital property - Property acquired by a married couple, also called community property in certain states.
marriage - The legal recognition of a union between two individuals.

Vesting
Denotes the manner in which title is held. Examples of common vestings are: Community Property, Joint Tenancy and Tenancy in Common.
Index Sources for Legal Forms ...

A few states, following the Spanish law, recognized community property, whereby all property acquired during the marriage is owned by both husband and wife and is divided equally on the dissolution of the marriage.

See also: Community, Property, Law, State, Court