Property Ownership
Colorado recognizes 'community property' for married couples.
AA. True — Colorado is a community property state
BB. False — Colorado is a common law (separate property) state, not a community property state✓ Correct
CC. True, but only for property acquired after 2010
DD. True, but only for real property, not personal property
Explanation
Colorado is NOT a community property state. It is a common law (equitable distribution) state. In community property states (like California, Texas, Arizona), assets acquired during marriage are owned 50/50. In Colorado, property is owned by whoever holds title, and equitable distribution applies in divorce.
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