23
Apr
Marital Property States List. Citation neededCommunity of property regimes can be found in countries around the world including Sweden Germany Italy France South Africa and parts of the United States. If only your name is on the deed registration document or other title paper its yours. Some states including California and Texas recognize the legal theory of community. For example if a wife purchases a house and the title is in her name only the house is not considered marital property.
The wife is the sole owner of the house. State Marital Property Laws. However many states h ave additional requirements for property that is homestead owner occupied. In most cases it doesnt matter which partner or spouse obtained title to the propertyas long as it was acquired by either person during marriage it may be. The term marital assets is a legal concept involved in many divorce and separation cases. If only your name is on the deed registration document or other title paper its yours.
If only your name is on the deed registration document or other title paper its yours.
The term marital assets is a legal concept involved in many divorce and separation cases. It might be your separate premarital property but income it earned while you were married must be divided between you and your spouse if you file separate married tax returns. Essentially all non borrowing spouses must sign throughout the nation unless the subject property is in a state that is a common law jurisdiction without applicable homestead exemptions. In most cases it doesnt matter which partner or spouse obtained title to the propertyas long as it was acquired by either person during marriage it may be. Arizona California Idaho Louisiana Nevada New Mexico Texas Washington and Wisconsin are community property states as is Puerto Rico. The territory of Puerto Rico follows community property principles.