Examlex
Simplify the expression.
Right Of Survivorship
A legal principle in property law where, upon the death of one owner, the ownership interest of the deceased automatically transfers to the surviving owner(s) without the need for probate.
Community Property
A form of ownership between spouses in which property acquired during marriage is owned equally by both parties.
Acquired During Marriage
Assets or properties obtained by a couple during their marriage, potentially subject to division upon divorce.
Fixture
An item of personal property that becomes real property when attached in a permanent manner to real estate.
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