2. Presumptions of Title Flashcards
State the married women’s special presumption… what are the three scenarios to look for?
The general rule is that property acquired during a marriage is CP. But there is an exception to the rule if written title was taken solely in a married woman’s name before 1975, it is presumed SP.
(1) to married woman alone; (2) to married woman and husband (but doesn’t state “joint title”) (3) to married woman and 3rd party.
Married women’s exception - to husband and wife - what’s the calculation?
1/2 = community property
1/2 = special property (basically, she’s getting 75%)
Exception to the married women’s rule?
To rebut husband must show (1) purchase made with CP funds and (2) intent was not to gift to wife
State four types of “joint and equal” title?
(1) community property title –> fair game for creditors
(2) joint tenants - must say JOINT TENANTS –> means right of survivorship (SP of each, creditor can’t touch another spouse’s half)
(3) community title with right of survivorship –> credit can touch (because CP) but when one rights, all goes to the other
(3) tenants in comment - in their names, says nothing else
What is the “joint and equal presumption”
There is a strong presumption (stronger than the general CM presumption) that title taken jointly and equally is held equally (50/50). A spouse cannot trace back to their SP contribution, unless there is an express agreement to that effect.