What is another word for community property?
Pronunciation: [kəmjˈuːnɪtˌi pɹˈɒpəti] (IPA) 
Community property is a legal term that refers to the assets that are acquired by a married couple during the course of their marriage. However, there are several other terms that can be used interchangeably with community property to describe this legal concept. These terms include marital property, conjugal property, and communal property. Each of these terms refers to assets that are owned by both spouses and are subject to equal distribution in the event of a divorce or legal separation. Regardless of the terminology used, community property laws are designed to protect both parties' financial interests and ensure a fair division of assets in the event of a dissolution of a marriage.
