/kəˈmjuːnəti ˈprɒpərti/ – Phrase
Definition: 1. tài sản chung của hai vợ chồng;
2. sở hữu của cộng đồng.
A more thorough explanation: Community property refers to a legal concept in certain jurisdictions where assets acquired during a marriage are considered jointly owned by both spouses, regardless of which spouse acquired the assets or whose name is on the title. In the event of a divorce or death, these assets are typically divided equally between the spouses.
Example: In a divorce case, the couple’s assets are divided based on the state’s community property laws.