community property

noun

: property held jointly by a married couple

Examples of community property in a Sentence

Recent Examples on the Web California is a community property state, meaning that assets are by default divided 50/50 in a divorce. Kyle Mullins, Forbes, 27 Mar. 2024 In community property states such as California, both halves of the property may get that step-up. Liz Weston, San Diego Union-Tribune, 10 Mar. 2024 If there is a surviving spouse, then the estate is divided into community property and separate property and distributed according to a complicated formula. Virginia Hammerle, Dallas News, 20 Aug. 2023 With two or more children, the spouse gets all of the community property and one-third of the separate property, with the children sharing the rest. Liz Weston, San Diego Union-Tribune, 15 Oct. 2023 Can personal property, such as stocks and bonds, also be held as community property with right of survivorship? Christopher A. Combs, The Arizona Republic, 25 July 2023 Colonists paid fees and membership dues and in return would get 5 acres, a house and the use of community property, such as horses and agricultural machinery. San Diego Union-Tribune, 2 Oct. 2023 Answer: The benefits of spouses holding title to a home as community property with right of survivorship are probably only available for a home or other real property. Christopher A. Combs, The Arizona Republic, 25 July 2023 When a guardian of the estate is ordered for a ward who is married, then the spouse is supposed to turn over half of the community property to the guardian, including bank accounts and investment accounts. Virginia Hammerle, Dallas News, 13 Aug. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'community property.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1848, in the meaning defined above

Time Traveler
The first known use of community property was in 1848

Dictionary Entries Near community property

Cite this Entry

“Community property.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/community%20property. Accessed 19 Apr. 2024.

Legal Definition

community property

see property

More from Merriam-Webster on community property

Last Updated: - Updated example sentences
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