|
So I wasn't sure what a community property state was so I decided to do some research. Here's what it means for those that don't know:
Holding title to real property is a type of ownership available to married couples only. There are currently nine states which offer community property status. These states are: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin. The property laws in these nine states look at property purchased during a marriage as community property and both husband and wife have an equal right to possess the property during their marriage.
__________________
...
|