What Is a Jointly Owned Property?

Common property is the property owned by a spouse during their common life as legally recognized. The property to which both parties have the right to use may be material, capital, or abstract property; when the property is allocated, the allocation is evaluated using the agreed metrics.

Common property

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1. The subject of the common property of a husband and wife is a husband and wife who has a marriage relationship.

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According to Article 17 of the Marriage Law, common property of spouses includes:

(1) Wages and bonuses; it should be noted that the wages here include the total wages. according to

Husband and wife common property agreement

The contractor of the common property system _________ is referred to as Party A below, and the contractual contractor _________ is referred to as Party B below, because Party A and Party B were _________ and _________ by the media of two women. A marriage contract is concluded on _________ and it is planned to hold a notarized marriage at the _________ notary office on the _________ month _________ day. As a result of the agreement between the parties, Party A and Party B are willing to agree on the common property system of the couple before marriage. As a minor, I have requested the consent of his legal representative _________ and invited two of the match agents to be witnesses. Each of the conditions for entering into this contract of common property shall be as follows:

Article 1 Party A and Party B agree that, from the time of marriage on _________ month _________ month _________, except for the legally unique property, for all movable and immovable property acquired by Party A and Party B, both mentally and manually, The acquired property is willing to be merged into a common right to register.

Article 2 Party A and Party B agree that the registration of real estate ownership acquired in the future shall be registered in the name of both Party A and Party B in order to obtain common and common rights.

Article 3 Parties A and B shall not dispose of their common property without authorization.

Article 4 Regarding the proceeds of the management and use of common property, Party A shall be responsible for the management costs required by the common property.

Article 5 When one party to the other party disposes of the common property, it shall be jointly punished by the party A and the party, or the party shall obtain the other party s consent before proceeding.

Article 6 When Party A has poor management of the common property or there is waste, Party B may request the division of property, and Party B may abolish the common property system when Party B believes that the poor management of the property may cause the debt to exceed assets.

Article 7 Party A shall be solely responsible for the following debts and shall be responsible for the settlement of common property.

(1) Party A's debts before marriage.

(2) Party A's debts in the existence of the marriage relationship.

(3) Debt incurred by Party B as a result of daily household agency activities.

(4) Except as provided in paragraph 3, Party B shall bear the common property as the burden during the existence of the marriage relationship.

Article 8 Party B shall be responsible for the settlement of the following debts by Party B as an individual.

(1) The debts of Party B before marriage.

(2) Liabilities arising from Party B's position or business.

(3) Liabilities of Party B for inheriting the property.

(4) Liabilities arising from Party B's infringement.

Article 9 Party B shall be responsible for the settlement of the following debts.

(1) Obligation set by Party B for its unique property.

(2) Obligation arising from Party B's violation of the authority of daily household chores.

Article 10 The family living expenses between Party A and Party B shall be borne by the common property. If the common property is insufficient, Party A shall bear it first, and Party A shall bear it if Party A is unable to pay.

Article 11 The debts of both parties to the common property shall be compensated by the other party when one party pays off its own unique property or the debt arising from the individual's unique property is settled by the common property.

The right to compensation in the preceding paragraph may be claimed even if the marriage relationship is still alive.

Article 12 If one of the two parties dies, the common property shall be obtained in equal division. That is, half of the common property belongs to the heir of the deceased, and the other half belongs to the surviving party. However, if the surviving party cannot be the heir in accordance with the law, the amount requested for common property shall not exceed the amount due at the time of divorce.

Article 13 The common property relationship, because of circumstances such as the provisions of Article ______ of the Civil Law, or the abolition of this contract and the use of another agreed property system, due to the divorce of Party A and Party B, the division of common property is eliminated. Party A and Party B each obtain half of the common property.

Article 14 This joint property contract may be revoked or changed by contract at any time during the existence of the marriage relationship between Party A and Party B, or another type of agreed property system contract may be used instead.

Article 15 After signing this contract, Party A and Party B shall, in accordance with Article ______ of the Civil Law, apply for notarization to the court under their jurisdiction and register the property contract of the husband and wife.

Party A: Party B: Address: Address: Witness: Address: