Property OwnershipMEDIUM
In California, community property with right of survivorship (CPRS) differs from joint tenancy because:
Correct Answer
A) CPRS is only available to married couples or registered domestic partners
Community Property with Right of Survivorship is only available to married couples or registered domestic partners in California, while joint tenancy can be held by anyone.
Answer Options
A
CPRS is only available to married couples or registered domestic partnersB
CPRS requires equal ownership sharesC
CPRS does not allow for the right of survivorshipD
CPRS is the same as joint tenancyVideo Explanation3 min
Audio Lesson3 min
Study Infographics
Why This Is the Correct Answer
Sign up free to unlock full analysis
Related Concepts
Community property is a system where property acquired during a marriage is owned equally by both spouses.
Was this explanation helpful?
More Property Ownership Questions
Who does lava belong to when it forms land in Hawaii?
Arizona's homestead exemption protects up to:
In Hawaii, mineral rights usually belong to:
In Arizona, water rights for surface water follow:
With respect to real property, the term estate is BEST described as
- → Who usually selects the administrator of an estate?
- → Vermont follows which recording system?
- → Which of the following can the grantor of a life estate NOT do?
- → Riparian rights are those rights possessed by
- → A woman receives a gift of real property by will. The woman is called
- → The loss of one’s real estate by the gradual wearing away of soil through the operation of natural causes is
- → When a person dies testate, the real property
- → The property of a person who dies intestate passes by
- → A donor conveyed land 'to River Town so long as the property is used for public park purposes.' River Town immediately developed walking trails and playgrounds. What estate did River Town receive?
- → If a strip of land is washed away by flood, this action is known as: