Quasi Community Property Legal Meaning and Definition

Here is a simplified definition of the legal term Quasi Community Property.

Quasi Community Property (n.)

Quasi community property is a legal term used for property that a couple, who aren't officially married but are living together like they are, acquire during their pseudo-marital period. This refers to all assets or property they collect together while in a relationship that mirrors a legal marriage. The property under this term is treated as if it were community property in the event of a breakup or death.