Definition of community of property in English:

community of property

noun

mass noun
  • (in South Africa) a marriage contract in which the possessions of the partners are merged in a joint estate and disposed of by means of a joint will.

    ‘we were married in community of property’
    • ‘Only half of your liabilities may be deducted if you are married in community of property - although funeral costs may be deducted in full.’
    • ‘Applicants married in community of property to civil servants must thus change their marriage contracts to out of community of property before applying.’
    • ‘To understand the complexities of being married in community of property and the common financial affairs and how they impact on the widow for example, is good.’
    • ‘If she had been successful, their marriage would have been deemed to be within community of property, which would have entitled Mrs Barnard to half of Professor Barnard's estate when their pending divorce case is finalised.’
    • ‘If a woman is married in community of property she is considered a legal minor and cannot sign a contract without her husband's permission.’
    • ‘Most people in South Africa are married in community of property, which is all about sharing - not only assets but debts.’
    • ‘In any of these cases, if you are married in community of property, you have to, get your spouse's consent in writing, before engaging in such a financial transaction.’
    • ‘A South African woman in a community of property marriage risked losing half her property on divorce.’