Appreciation
The increase in value of property during marriage, which may be classified as marital or separate depending on the cause.
Example
The court determined that the appreciation of his premarital home was due to market forces, not marital efforts.
Jurisdiction Variations
NEW-YORK
Active vs. Passive Appreciation
New York distinguishes: active appreciation (from marital effort) is divisible; passive (market) is separate
NEW-JERSEY
Active vs. Passive Appreciation
New Jersey similarly distinguishes active from passive appreciation
Related Terms
separate-propertymarital-propertydate-of-valuation