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Az Community Property HomesteadCommunity_property_azHARD

While reviewing a transaction in Santa Cruz County, a husband tells the wife that only he may manage community property because he earns more income. What is the best answer under current Arizona law or current Arizona form practice?

Correct Answer

C) Arizona gives spouses equal management and control of community property subject to statutory joinder rules

Under A.R.S. § 25-214, Arizona gives spouses equal management and control of community property subject to statutory joinder rules.

Answer Options
A
community-property management belongs to the designated broker if real estate is involved
B
Arizona gives only husbands management rights over community property
C
Arizona gives spouses equal management and control of community property subject to statutory joinder rules
D
the higher earner always controls community property alone

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Related Topics & Key Terms

Key Terms:

arizona_specificcommunity_propertymanagement_controlcommunity_property_azaz_community_property_and_homestead
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