Property Ownership
A Washington married couple purchases a home and takes title as 'community property with right of survivorship.' This means:
AThe property is divided equally between the spouses' estates at death
BThe surviving spouse automatically receives the deceased spouse's interest without probate✓ Correct
CEach spouse can sell their half independently
DThe property becomes separate property after 10 years
Explanation
Community property with right of survivorship (CPWROS) is a form of ownership in Washington that combines community property (equal ownership during marriage) with survivorship rights, allowing the surviving spouse to receive the entire property without going through probate.
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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.
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
Joint TenancyCo-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.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
State-Specific Concepts
Community Property
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