A couple is engaged to be married. Any real estate that either owns at the time of marriage will remain that spouse's property in severalty, and property acquired after the wedding belongs to both of them equally. The form of ownership upon their marriage will be
A) joint tenancy.
B) community property.
C) cooperative.
D) tenancy in common.
Answer: B) community property.
Community property consists of all property, real and personal, acquired by either spouse during the marriage-with the exception of property acquired by gift, inheritance, purchase from separate funds, sale of separate property, personal injury settlement, or written contract with a spouse.
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