Finance
Texas is a community property state. This means that property acquired during marriage:
AIs owned equally by both spouses regardless of how it is titled✓ Correct
BBelongs solely to the spouse who earned the income to acquire it
CIs automatically held in joint tenancy
DMust be sold if the couple divorces
Explanation
Texas is one of nine community property states. Property acquired during marriage is generally owned equally (50/50) by both spouses, regardless of how title is held or which spouse earned the income. This affects real estate transactions significantly.
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