Property Ownership, Transfer of Title & Land Use 14.3 Flashcards
1
Q
Community property rights are also what?
A
a special form of ownership for married couples (and legally recognized domestic partners) only.
2
Q
Property acquired during the marriage or union is
A
Community property
3
Q
Are spouses considered equal partners?
A
Yes
4
Q
Are both signatures required for conveying or mortgaging their community property
A
Yes
5
Q
if one spouse dies one half of the property is inherited by?
A
The decedent’s heirs (which may or may not be the other spouse).
6
Q
Property brought to the marriage/union or acquired during the marriage/union by gift or inheritance is
A
Separate property
7
Q
Income earned from separate property is also considered
A
Separate Property
