What does property separation mean?

With the 2001 Civil Code Amendment, if the spouses have not signed a contrary contract, the legal property regime to be applied is the regime of participation in the acquired property.

With the 2001 Civil Code Amendment, if the spouses have not signed a contrary contract, the legal property regime to be applied is the regime of participation in the acquired property.

With the 2001 Civil Code Amendment, if the spouses have not signed a contrary contract, the legal property regime to be applied is the regime of participation in the acquired property. The principle of this property regime is that goods acquired after marriage are being shared in the continuing marriage. For the separation of goods regime, the parties must also make a contract. This contract which can be enacted before or after the marriage may be issued or approved by the Public Notary. The seperation of goods regime can be summarized as the fact that everyone's income belongs to him or herself ​during the marriage, and the property is not shared in case of divorce. In this property regime, each spouse is responsible for their own property, debts and receivables.