Community Property
Community property is a system used in some U.S. states where most assets and debts acquired during a marriage are owned equally by both spouses and split 50/50 at divorce. Florida is NOT a community-property state. Instead, Florida follows equitable distribution, meaning marital property is divided fairly based on the circumstances, which may or may not result in an even split.
Last updated June 21, 2026
Legal Definition
A marital property regime, in effect in certain states, treating most assets and liabilities acquired during marriage as jointly owned and divided equally; Florida instead applies equitable distribution under F.S. §61.075.
Example
Coming from California, she assumed community property rules applied, but Florida divides marital assets through equitable distribution.
Related Statutes
- 61.075
Related Terms
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