Legal Definition

The enhancement in value of an asset during the marriage; under F.S. §61.075, the appreciation of a nonmarital asset is a marital asset to the extent it results from marital labor or the expenditure of marital funds, while purely passive appreciation generally remains nonmarital.

Example

The condo was his before the wedding, but the appreciation during the marriage became a marital asset because they used joint income to renovate it.

Related Statutes

  • 61.075

Related Terms

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