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What is the income from renting personal property before marriage and after marriage

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What is the income from renting personal property before marriage and after marriage


        

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  • 2024-06-26 12:01:42

    According to the Marriage Law of the People's Republic of China and relevant laws and regulations, the property acquired by the husband and wife after marriage is the joint property of the husband and wife, and the income from one party's personal property investment shall be jointly owned by the husband and wife. The house purchased with personal property before marriage and with property ownership certificate obtained is his personal property, while the income from renting the house after marriage belongs to the joint property of husband and wife. After divorce, it should be distributed equally.
    The rental income of the property purchased before marriage and rented after marriage is considered to be the income of the husband and wife after their joint operation, so it is in principle jointly owned property.
    Therefore, the rental income of personal property before marriage and after marriage belongs to the category of joint property of husband and wife, and only the value-added part of personal property before marriage is still personal property.
    The Marriage Law also stipulates that at the time of divorce, the joint property of the husband and wife shall be handled by both parties through agreement; If no agreement is reached, the people's court shall make a judgment on the basis of the specific conditions of the property and the principle of taking care of the rights and interests of children and women. The husband and wife agree in writing that the property acquired during the marriage relationship shall belong to each other. If one party has paid more obligations for raising children, caring for the elderly, assisting the other party in work, etc., the other party shall have the right to request compensation from the other party at the time of divorce, and the other party shall make compensation.
    Legal basis:
    Article 17 of the Marriage Law of the People's Republic of China
    The following property acquired by husband and wife during the period of marriage shall be jointly owned by the husband and wife:
    (1) Salary and bonus;
    (2) Income from production and operation;
    (3) Income from intellectual property;
    (4) Property derived from inheritance or donation, except as provided for in Item 3 of Article 18 of this Law;
    (5) Other properties that should be jointly owned. Husband and wife have equal rights to dispose of jointly owned property.

    h***

    2024-06-26 12:01:42

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