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Matrimonial Property Release

English translation: exemption of matrimonial property from equitable distribution

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Matrimonial Property Release
Selected answer:exemption of matrimonial property from equitable distribution
Entered by: Wilsonn Perez Reyes

01:32 Apr 20, 2017
English language (monolingual) [PRO]
Law/Patents - Law: Contract(s) / Premarital Agreement
English term or phrase: Matrimonial Property Release
This appears in a Premarital Agreement.

I wonder if "Matrimonial Property Release" is the same as "Matrimonial Property Settlement" (In Spanish: Liquidación del régimen patrimonial).

A matrimonial property settlement is the division of property arising out of a marriage.
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***MATRIMONIAL PROPERTY RELEASE*** 11. The Parties covenant and agree that they are aware of the equitable distribution laws of the State of Utah, and that it is their intention that the equitable distribution laws will not apply to the status, ownership, interest and division of their property, either jointly or separately owned, nor to their future property, whether real or personal, and owned by either one or both of them, and the Parties further covenant and agree that it is their desire and intent by the terms of this Agreement to contract out of the equitable distribution laws of the State of Utah, and to make a full and final settlement of all matters of property, both real and personal, previously and presently owned by either of the Parties or to be acquired by either of the Parties in the future.
Wilsonn Perez Reyes
El Salvador
Local time: 01:01
exemption of matrimonial property from equitable distribution
Explanation:
It refers to exemption of matrimonial property from equitable distribution. They agree that their matrimonial property will not be subject to equitable distribution.
The below link is about "equitable distribution of matrimonial property".
https://www.melvinlaw.com/equitable-distribution/
Selected response from:

Port City
New Zealand
Grading comment
This answer makes more sense.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
3 +3exemption of matrimonial property from equitable distribution
Port City
2 +1release/exclusion of matrimonial property from joint marital ownership rights
Jacek Kloskowski


  

Answers


11 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
matrimonial property release
release/exclusion of matrimonial property from joint marital ownership rights


Explanation:
IMO...

Jacek Kloskowski
United States
Local time: 03:01
Works in field
Native speaker of: Native in PolishPolish, Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
neutral  AllegroTrans: it's not really about rights, but more about distribution of property after the couple separate
14 hrs
  -> Thank you.
agree  acetran
1 day 7 hrs
  -> Thank you.
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
matrimonial property release
exemption of matrimonial property from equitable distribution


Explanation:
It refers to exemption of matrimonial property from equitable distribution. They agree that their matrimonial property will not be subject to equitable distribution.
The below link is about "equitable distribution of matrimonial property".
https://www.melvinlaw.com/equitable-distribution/

Port City
New Zealand
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 12
Grading comment
This answer makes more sense.

Peer comments on this answer (and responses from the answerer)
agree  Tina Vonhof (X): Good source.
7 hrs
  -> Thank you!
agree  AllegroTrans
9 hrs
  -> Thank you!
agree  Yvonne Gallagher
15 hrs
  -> Thank you!
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