Quasi-community property
Definition
Property acquired by a married person or couple in a non-community property state that would have been community property if it had been acquired in a community property state, e.g. California. If the married couple subsequently relocates to a community property state and either the couple divorces or one spouse dies, a court in that state may treat the property like community property when determining the property interests of the divorcing or surviving spouse(s).
Illustrative caselaw
See, e.g. Fern v. United States, 908 F.2d 955 (Fed. Cir. 1990).
See also
Definition from Nolo’s Plain-English Law Dictionary
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:22 pm
