separate property

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Separate Property

In marriage and divorce law, real or personal property owned by only one spouse. Separate property exists even in community property jurisdictions. It includes property owned by each spouse before the marriage, and any property given to one spouse as a gift or inheritance. It may also include property that the spouses agree to keep separate. If separate property is liquidated during the marriage (e.g. if a spouse sells a house he/she owns separately) the cash resulting from the sale may also qualify as separate property.

separate property

The property that is entirely owned by one spouse, even in a community property state. Separate property generally includes property received as an inheritance or as a gift or property owned by one spouse before marriage.

separate property

Property owned by either spouse before marriage,or inherited by one or the other after marriage.Contrast with community property. In other states,a divorce court will take into consideration the separate nature of property when making decisions to divide property or award alimony.One tricky aspect of the separate property issue is the interest in minerals,oil and gas,crops, timber, or postmarital improvements on or under separate land.Such interests do not always carry with them the separate property characterization.

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MARION While the bulk of Last Thursdays meeting of the Williamson County Board involved tedious reading and individual votes on 47 separate properties that had been sold at a past-due tax sale earlier in the year, the really big news was all about the county finding itself on the right side of the financial picture.
A 31-year-old man was arrested from a house in Chesterfield, Derbyshire, while three others, aged 22, 36 and 41, were arrested in three separate properties in Sheffield, South Yorkshire.
Boultons on 01484 468794 3 2 2 This double-fronted cottage was originally two separate properties, but a comprehensive modernisation has transformed it into a spacious yet cosy home.
The purchase also includes two separate properties on the same site which are currently used as rented residential accommodation and offices with storage, generating further income for the company.
"It took about a year to put this assemblage together because it involved three separate properties and three different owners, but we persisted and ultimately the site attracted a strong, all cash, institutional level buyer," said Eastern Consolidated's Brian Ezratty, who represented the sellers.
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.
He has had a career in repositioning and turning around assets including four separate properties. These include The Boca Raton Hotel & Club, The Breakers Palm Beach, The Cloister at Sea Island, Georgia and Hotel Intercontinental in Hilton Head, South Carolina.
The work will be performed on 11 separate properties within the Cherokee County Superfund site and will begin immediately pending EPA approval.
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.