1. The legal process of dividing assets and property between parties, typically in cases of divorce, inheritance, or business dissolution
The property division was settled through mediation rather than court proceedings.
A divisão de bens foi resolvida por mediação em vez de processos judiciais.
2. The actual distribution of real estate, personal property, and financial assets according to legal requirements or agreements
The property division included the house, vehicles, and retirement accounts.
A divisão de bens incluiu a casa, veículos e contas de aposentadoria.