Maria and David, a married couple in California, purchase a home together. The deed does not specify any form of ownership. Under California law, how is the property presumed to be held?
Correct Answer
D) Community property
Under California Family Code §760, all property acquired by a married couple during marriage is presumed to be community property unless otherwise specified. When the deed is silent on the form of ownership, the default presumption for married couples in California is community property.
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Tom and Sarah are married and live in California. Before their marriage, Tom purchased a rental property using only his separate funds. During the marriage, Sarah managed the property and made improvements using community funds. In a divorce proceeding, how would a California court MOST likely classify this property?