community property

Noun

Meaning

property and income belonging jointly to a married couple

Source: WordNet

Synonyms

public property community ownership communal ownership joint property communal property collective heritage common assets community of acquests joint assets community of acquisitions acquired assets common goods common inheritance communal possessions communal proprietorship

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Antonyms

private property personal property individual property family ownership particular property own property

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Hypernyms

property holding belongings

Examples

I'm entitled to collect my fair share of community property without being called names. Gloria Allred

Although the couple never married, she sought financial compensation similar to that available to spouses under California's alimony and community property laws. Source: Internet

As you know, California is one of the community property states that allows both halves of a property to get a step-up in tax basis when one spouse dies. Source: Internet

All community property will be left to your surviving spouse if all of your children are his or hers as well. Source: Internet

Also, your brother must never, ever, ever, put any money into his separate property accounts that comes from a community property source, such as his paycheck. Source: Internet

It also terminates the right of survivorship interest in joint tenancies between the former spouses/domestic partners and in community property with right of survivorship. Source: Internet

Close letter words and terms

community policeman community policing community preference community protected area community psychiatric nurse community psychologist