Property Ownership

Arizona community property with right of survivorship allows:

AEither spouse to sell community property without the other's consent

BThe surviving spouse to receive the deceased spouse's share automatically✓ Correct

CEach spouse to devise their half to heirs other than the surviving spouse

DOnly one spouse to hold title to community property

Explanation

Community property with right of survivorship (CPWROS) in Arizona allows the surviving spouse to automatically inherit the deceased spouse's interest, avoiding probate, while retaining community property tax advantages.

People Also Study

Key Terms to Know

Community Property

In community property states, most property acquired during marriage is owned equally by both spouses, regardless of who paid for it.

Joint Tenancy

Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.

Tenancy in Common

Co-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.

Fee Simple

The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.