Community of property is the default matrimonial property regime in South Africa. All assets and liabilities before and during the marriage are shared equally by both spouses.
When parties marry without an antenuptial contract, they are automatically married in community of property under s17 of the Matrimonial Property Act 88 of 1984. Both spouses' estates are merged — all assets are jointly owned and all debts are jointly liable.
A spouse without an ANC incurs R200 000 in business debt. The other spouse's salary and assets can be attached by creditors because the estates are one.
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