Property Ownership
In California, a married person can hold title separately as their sole and separate property if:
AThe other spouse has poor credit
BThe other spouse signs a quitclaim deed or interspousal transfer deed giving up any interest✓ Correct
CThe property is purchased for investment purposes
DThe purchase price is under $500,000
Explanation
For a married person to hold title as their sole and separate property in California, the non-acquiring spouse must sign an interspousal transfer deed or a spousal consent form specifically relinquishing any community property interest in the property.
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