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FINDLAW LEGAL DICTIONARY

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transmutation

transmutation n

1 : a doctrine in property law which allows the conversion of a separate property interest into marital or community property by agreement between spouses or by contribution of marital or community assets to the separate property (as for maintenance or improvements)
;also
: a doctrine in property law which allows the conversion of a marital or community property interest into separate property
2 : an act or instance of converting a property interest in accordance with the doctrine of transmutation [absent a by deed]



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.


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