Residential and Community Property
Property is something that belongs to someone. Private property is property that is bough or acquired for personal private use. Residential property is private property which people use to live in.
There are several companies on the internet which could help you while finding appropriate residential property to buy or rent. One of those is Rightmove. To find yourself a nice living place is very easy on this site. Just type in the desired location and you will get result of available houses, apartments which you could buy or rent.
Their site is filled with everything you need, from info to explanation and different price choices. Also they have a different blog which is filled with info if you want to move out and find a nice living space for a single person or for a couple.
When a person gets older and wants to move out that’s when several difficulties appear. Not knowing how to find a nice and cheap living space that will satisfy all his/her needs. Other than that, there are some agreements which need to be sign so that the property becomes your private residential property. And on the site of Rightmove you can find different info about the stuff you need.
Community property by residential law which is applied in USA means that this property belongs to the both spouses. After the death or divorce those properties are divided between these persons according to appropriate law.
So every property that you get in marriage and share with your spouse is called community property. There are several steps and agreements which both spouses sign that will enable them to share everything they earn and spend.
Community property could be for example a house or an apartment that will be bought by a married couple and shared until the death or divorce on which those belongings will be divided.