California Codes > Family Code > Division 4 > Part 4 – MANAGEMENT AND CONTROL OF MARITAL PROPERTY
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Terms Used In California Codes > Family Code > Division 4 > Part 4 - MANAGEMENT AND CONTROL OF MARITAL PROPERTY
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Community estate: includes both community property and quasi-community property. See California Family Code 63
- Contract: A legal written agreement that becomes binding when signed.
- County: includes city and county. See California Family Code 67
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Fiduciary: A trustee, executor, or administrator.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- order: include a decree, as appropriate under the circumstances. See California Family Code 100
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes a natural person, firm, association, organization, partnership, business trust, corporation, limited liability company, or public entity. See California Family Code 105
- Personal property: All property that is not real property.
- Probate: Proving a will
- Proceeding: includes an action. See California Family Code 110
- Property: includes real and personal property and any interest therein. See California Family Code 113
- Spouse: includes "registered domestic partner" as required by Section 297. See California Family Code 143