Property Ownership Land Use ControlsProperty_ownership_land_use_controlsMEDIUM
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
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Related Topics & Key Terms
Related Topics:
property-ownership-typescommunity-property-statesestate-planningtitle-transfer
Key Terms:
community property with right of survivorshipCPRSjoint tenancyCalifornia Civil Code 682.1registered domestic partners
Related Concepts
Community property is a system where property acquired during a marriage is owned equally by both spouses.
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