answersLogoWhite

0


Best Answer

its commutative property. and it basically states that

a + b = b + a AND

a * b = b*a

example 3 + 4 = 4 + 3

3 * 4 = 4 *3

This DOES NOT apply to subtraction or division though.

User Avatar

Wiki User

โˆ™ 12y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

โˆ™ 1y ago

Community property refers to a legal regime in which property acquired during a marriage is considered to be owned equally by both spouses. It is primarily recognized in nine U.S. states, including California, Texas, and Arizona, and typically applies to assets and debts accumulated during the marriage, excluding inherited or gifted property. In the event of divorce, community property is generally divided equally between the spouses.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the Community property about?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is Alabama a community property state?

No. In the United States there are ten community property states: Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin.Oklahoma is not a community property state.


Is the state of Washington a separate property state?

Washington is a community property state.Washington is a community property state.Washington is a community property state.Washington is a community property state.


What does non community property mean?

A non-community property state is a separate property state.A non-community property state is a separate property state.A non-community property state is a separate property state.A non-community property state is a separate property state.


Can you leave your share in ownership of community property to your adult children by Will in New Hampshire?

Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.


If property is purchased in your husbands name only is it considered community property?

If the property was purchased during the marriage it is community property if you live in a community property state.


What if you live in a community property state and on spouse owned property before the marriage if they divorce what are the spouses rights?

Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.


Is property acquired after a marriage considered community property in a non community property state such as Illinois?

In a community property state property purchased after marriage becomes the property of both parties.Community property rules govern in community property states. Property ownership is different in separate property statesand those rules allow a spouse to acquire separately owned property in some cases.


Does California still recognize community property?

Yes. California is a community property state. COMMUNITY PROPERTY STATES • Arizona • California • Idaho • Louisiana • Nevada • New Mexico • Texas • Washington • Wisconsin Alaska is an opt-in community property state; property is separate property unless both parties agree to make it community property through a community property agreement or a community property trust.


If one partner in a marriage buys property without the other is it community property?

It is community property if you live in a community property state. COMMUNITY PROPERTY STATES • Arizona • California • Idaho • Louisiana • Nevada • New Mexico • Texas • Washington • Wisconsin


What states are community property?

COMMUNITY PROPERTY STATES • Arizona • California • Idaho • Louisiana • Nevada • New Mexico • Texas • Washington • Wisconsin Alaska is an opt-in community property state; property is separate property unless both parties agree to make it community property through a community property agreement or a community property trust.


Is it community property if the inherited property was not in a community property state?

Inherited property is not generally considered community property. However, if the property is located in another state, the property laws in that state govern. For example, California is a community property state. If the married couple from California inherited land in massachusetts, that land would not be held as community property since Massachusetts is a separate property state. If the California wife purchased property in her own right in massachusetts it would not become community property of the marriage. Massachusetts law would govern the ownership of the property.


Are farm crops community property?

If You are married in a community property state yes