Moreover, property can relate to anything of monetary value, such as bank accounts, investment assets, patents, and even security deposits on rental property.Īll property owned by you and your spouse during a divorce will be designated as either communal or separate property (or in rare cases, a commingling of the two). In general, “property” refers to anything that can be bought or sold, including real estate (both residential and commercial), automobiles, furniture, clothing, and technology, among other things. Let’s begin by defining the table’s contents.
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