In a licensing seminar in Surprise, during marriage, Jade inherits a parcel from an aunt and asks whether that inheritance is generally community property. Which statement should the broker communicate?
Correct Answer
A) property acquired by gift, devise, or descent is generally separate property rather than community property
Under A.R.S. § 25-211, property acquired by gift, devise, or descent is generally separate property rather than community property.
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Previous Question
During an Arizona file audit in Yavapai County, a married couple buys a duplex during marriage with no clear separate-property source and later argues that title in one spouse's name alone makes it separate. What is the most accurate response?
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In a licensing seminar in Goodyear, one spouse attempts to sign alone to convey an interest in community real estate. What is the most accurate response?