Anything that belongs to a married couple and has economic value is part of their community property, unless excluded from their legal relations. Community property includes both assets and debts.
Community property is tied to the marriage itself: it is created when a couple is married, and ceases to be joint marital assets when the marriage ends. Over the duration of community property, the scope of each spouse’s rights and obligations is not governed by a defined share because community property is a special form of undivided joint ownership known as tenancy by the entirety.
Community property is subject to a statutory regime, a contracted regime, or a regime established by a court order.
Registered partners do not have community property.
Statutory community property regime
Contracted matrimonial property regime
Separate property regime
Court-appointed matrimonial property regime
Settlement of community property