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Saturday, September 7, 2019

Types of Matrimonial Regimes in Quebec Essay Example | Topics and Well Written Essays - 500 words

Types of Matrimonial Regimes in Quebec - Essay Example Community Property, which is administered by the husband, Private Property, that is, the property bought under an individual's name, is administered by the spouses individually, during and after the marriage and, Wife's Reserved Property which is administered by the wife. Since 1st July 1970, couples who married without a marriage contract fell under the matrimonial regime of Partnership of Acquests. The rules under this regime classify the properties as acquests and private property. An acquest is something which is obtained during the marriage. It includes the property not declared as private property by law. The most commonly chosen matrimonial regime is the Separation as to Property. The properties of the spouses are categorized as private property and joint property. Property bought under the name of both the spouses is termed as joint property and is divided equally at the time of dissolution. The private property, like in every other regime, is retained by the individuals. Marriage is the formal union of a man and a woman, by which they become husband and wife. It can't get any simpler.

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