California Family Code 125 – “Quasi-community property” means all real or personal property, …
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“Quasi-community property” means all real or personal property, wherever situated, acquired before or after the operative date of this code in any of the following ways:
(a) By either spouse while domiciled elsewhere which would have been community property if the spouse who acquired the property had been domiciled in this state at the time of its acquisition.
Terms Used In California Family Code 125
- Personal property: All property that is not real property.
- 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
- State: means a state of the United States, the District of Columbia, or a commonwealth, territory, or insular possession subject to the jurisdiction of the United States. See California Family Code 145
(b) In exchange for real or personal property, wherever situated, which would have been community property if the spouse who acquired the property so exchanged had been domiciled in this state at the time of its acquisition.
(Enacted by Stats. 1992, Ch. 162, Sec. 10. Operative January 1, 1994.)