Property Ownership
Texas law allows a husband and wife to 'partition' their community property by agreement. After a valid partition, the property becomes:
AStill community property but jointly managed
BThe separate property of one or both spouses as specified in the agreement✓ Correct
CJointly owned tenancy in common property
DSubject to TREC disclosure requirements
Explanation
Under Texas Family Code, spouses can enter into a property agreement (partition agreement) to convert community property into the separate property of one or both spouses. The agreement must be in writing and signed by both parties.
Related Texas Property Ownership Questions
- A mechanic's lien in Texas is filed by a contractor or supplier who:
- In Texas, the doctrine of 'first in time, first in right' applies to:
- In Texas, an 'easement by necessity' is created when:
- Texas is a 'community property' state. When a married couple purchases a home using community funds, the home is:
- Under Texas Property Code § 5.014, a seller of certain types of Texas property must disclose if the property is located in a:
- A Texas property owner with an agricultural exemption (1-d-1) must maintain the exemption by:
- In Texas, a joint tenancy requires all of the following unities EXCEPT:
- Under Texas Property Code, a 'manufactured home' is treated differently from stick-built housing for title purposes. A manufactured home on a permanent foundation that is converted to real property requires:
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →