COMMUNITY PROPERTY

community property.Assets owned in common by husband and wife as a result of its having been acquired during the marriage by means other than an inheritance or a gift to one spouse, each spouse generally holding a one-half interest in the property. • Only nine states have community-property systems: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. See marital property under PROPERTY; TITLE DIVISION. Cf.

COMMUNITY ESTATE; SEPARATE PROPERTY. [Cases: Husband and Wife  246–276(9).]

quasi-community     property.Personal           property            that,      having   been      acquired            in         a non-community-property state, would have been community property if acquired in a community-property state. • If a community-property state is the forum for a divorce or administration of a decedent’s estate, state law may allow the court to treat qua-si-community property as if it were community property when it determines the spouses’ interests. [Blacks Law 8th]