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Whether the house demolition belongs to the joint property of husband and wife

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Whether the house demolition belongs to the joint property of husband and wife


        

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  • 2024-06-06 00:00:00

    If the income from housing demolition is obtained during the marriage relationship, it belongs to the joint property of husband and wife.

    The joint property of husband and wife refers to the property obtained during the marriage relationship is the joint property of the husband and wife, which is jointly owned by the husband and wife. The husband and wife have equal rights to deal with the joint property.

    According to Chinese law, the following property acquired by the husband and wife during the duration of their marriage relationship is the joint property of the husband and wife, which shall be jointly owned by the husband and wife:

    (1) Wages, bonuses and labor remuneration;

    (2) Income from production, operation and investment;

    (3) Income from intellectual property;

    (4) Inherited or donated property, with the exception of the third item of Article 1063 of this Law;

    (5) Other properties that should be jointly owned.

    Husband and wife have equal rights to dispose of their common property.

    [Legal Basis]

    Article 1062 of the Civil Code states that the following property acquired by the husband and wife during the duration of their marriage shall be the joint property of the husband and wife and shall be jointly owned by them:

    (1) Wages, bonuses and labor remuneration;

    (2) Income from production, operation and investment;

    (3) Income from intellectual property;

    (4) Inherited or donated property, with the exception of the third item of Article 1063 of this Law;

    (5) Other properties that should be jointly owned.

    Husband and wife have equal rights to dispose of their common property.

    E***

    2024-06-06 00:00:00

  • Economics Relevant knowledge

  • law

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