Property distribution refers to the process of dividing assets and belongings among individuals, often occurring during events like divorce or inheritance. This ensures that each party receives a fair share of the property, which can include real estate, personal belongings, and financial assets. In legal contexts, property distribution is guided by laws and regulations that vary by jurisdiction. For example, in a divorce, community property laws may dictate that all assets acquired during the marriage are split equally, while equitable distribution laws focus on a fair, but not necessarily equal, division based on various factors.