
Question 64: According to the Law on Marriage and Family, the spouses are entitled to divide a part or the whole of the common properties of the spouses. So, who shall be entitled to or responsible for the yields, profits and expenses arising from such divided properties? Are there any types of properties which cannot be divided? Are there any circumstances under which the spouses are not entitled to divide their properties? Does the agreement on common property division require the intervention of a witnesses? Is such agreement required to be notarised or certified?
To whom the yields and profits arising from divided properties under the spouses’ agreement belong during the marriage period? Who will be held responsible for the expenses arising from such divided properties? The property division during the marriage period is not entirely new in the current property transactions of spouses. As a general rule, yields…