Simple English definitions for legal terms
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Term: Acquet
Definition: Acquet refers to property that is acquired by purchase, gift, or any means other than inheritance. It is commonly used to describe property that is acquired during a marriage and is presumed to be community property. This means that both spouses have equal ownership of the property. Acquet can also be referred to as acquest or acquets and conquets.
Definition: Acquet refers to property that is acquired by purchase, gift, or any means other than inheritance. It is commonly used to describe property that is acquired during a marriage and is presumed to be community property.
Examples:
These examples illustrate how property that is acquired during a marriage can be considered an acquet and is presumed to be community property.