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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The seven separate properties to be redeveloped are all owned by Ding On "Tony'' Kwan of Framingham, under three separate limited liability corporations.
The only real exception to the "one board" rule are blocks of flats, where a number of different agents may legitimately be involved in selling separate properties.
The biggest claim was made by Constantinos Lordos, a well known property and hotel owner, who claimed EUR 43,696,313 for over 60 separate properties.
Stuart Dunn, 38, fraudulently pocketed housing and council tax benefits on three separate properties in Blyth between 2004 and 2008.
Jurys Inn brand has automated its revenue management on completion of a successful trial of the IDeaS V5i Revenue Management Solution at three separate properties.
These farms were in separate properties in different parts of the street.
Universal Search means that standard Google searches will draw results from separate properties covering books, local information, images, news, and video.
Band Hatton, which is based at Station Square, helped an Irish property investment firm sell six separate properties in England for a total price of pounds 28.
Antonovich has come out against Santa Clarita's efforts to annex two separate properties west of the Golden State Freeway, because of opposition by property owners, county officials said Thursday.
Ball and Percival manager Karen Potter says: ``This is such an exciting opportunity because, although the two separate properties are gorgeous, to turn them back into one house would make a phenomenal home with tremendous character.
Ms Hough claimed the Royal Bank of Scotland was leaning on her to have the nursing home and her house classed as two separate properties.