System of Absolute Community of Property
For all those who have not signed any pre-nuptial agreement or marriage settlement to choose any property regime that would govern their property relations, this system of absolute community of property would definitely suit you. Of course, nothing and nobody bars any future couple to choose this kind of regime. To give an overview on what this system is all about, this post is for you to read on. What is the system of absolute community? This is one of the regimes or systems of property relations between the spouses and the default system in the absence of a prenuptial agreement or when the agreed system is null and void. This system commences at the precise moment that the marriage is celebrated, and any stipulation for the commencement of the community regime at any other time is void. In a nutshell, the husband and the wife are considered as co-owners of all properties they bring into the marriage (those that they owned before the marriage), as well as th