Out of Community of Property, without Accrual
- A total division of the parties’ individual estates. Each party is the owner of it’s own assets and liable for it’s own debts. No mutual claims.
- No party is liable for the other parties debt incurred and in the case of insolvency, only the insolvents party’s estate will be lost.
|Miss X estate before marriage:||Mrs X estate after marriage:|
|Car: R200 000||Car: R200 000 – R150 000|
|– Bond value of R150 000||= R50 000|
|=R50 000||as well as all assets in her name minus all debts incurred in her name|
|Mr X estate before marriage:||Mr X estate after marriage:|
|House: R600 000||House: R600 000 – R400 000|
|– Bond value of R400 000||= R200 000|
|=R200 000||as well as all assets in his name minus all debts incurred in his name|
Each party has his/her own estate with assets registered in their names.