bae40f01__California___County_of_Orange__Definition
[Term] Community Property [Definition] 
Possessions held jointly by a married couple, each having an undivided one-half interest by reason of their marital status. Except for inheritances or gifts to either spouse, all property acquired by the husband or wife during the marriage is usually considered community property. This includes money, real estate, household furnishings, investment securities, automobiles, and other types of consumer goods that people have accumulated together. Property owned prior to the marriage and any income from such property remains separate and apart. Contractual agreements may also be made by the couple to allow them to maintain individual property.
The Superior Court of California - County of Orange
Definition