separate property

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separate property

n. 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) assets traceable to other separate property such as money received from sale of a house owned before marriage, and e) property the spouses agree is separate property. State laws vary, but basically separate property can be controlled by the spouse owning it. The laws of descent applied to separate property and right to give separate property by will differ from the treatment of community property. Example: a child may inherit part of one spouse's separate property if there is no will, while community property would pass automatically to the spouse. Upon divorce community property is divided equally, while separate property is kept by the owner without division with the other spouse. (See: community property)

References in periodicals archive ?
Its lease of the Oruzheyny Building permits Megafon to move to a single location up to 4,000 staff-members who at present occupy 6 separate properties in various parts of Moscow, thereby decreasing overheads and improving communication between various parts of the company.
Also, we are actively negotiating two other separate properties in Jeddah and three more in Dammam, which would materialise in the near future.
A 41-year-old man and a 35-year-old man were arrested on suspicion of assault on Sunday, after two men were discovered with stab wounds in separate properties on Friday.
The single Comet unit was split into four separate properties across 10,000 sq ft of space.
Four adults and one child in separate properties in the building were rescued by the London Fire Brigade.
Those properties are among seven separate properties in that area that are part of a proposed full-scale development that would include more than 350 units of housing and more than 500 off-street parking spaces.
has commenced construction on another multi-million dollar rehabilitation project that will encompass over 500 units in three separate properties.
Cannabis plants and hydroponics equipment were seized from two separate properties.
According to the Court of Appeals of Texas, where an appraisal review board issues separate orders for separate properties in a single appeal, attorney fees may be ordered for each separate property.
They were snatched from separate properties in the space of 24 hours.
The house is divided into three separate properties, including an oceanside main house with four bedrooms, a two-bedroom detached residence, and a third portion with a seventh bedroom and a gym, office, and media room.
Helios Capital Advisors, a flail service real estate advisory firm specializing in the sale of small balance commercial mortgage loans and real estate owned (REO) assets, announced that the company has completed three loan transactions secured by three separate properties located in the Bedford-Stuyvesant section of Brooklyn, NY.