Transfer of Ownership

1. The first way a married couple can own a house would be through community ownership which means if a spouse passed they are able to give a property to someone else beside their spouse such as their children or parents. Another way that a married couple would own a real estate property would be through community ownership with right of survivorship; this means that if a spouse that passed the remaining spouse would inherit the whole property. 2. Through a community ownership with no right of survivorship the remaining spouse can give that property to anyone they would like and the exceptions are if there is the right of survivorship through a community ownership. 3. Work out a prenuptial agreement with your spouse which means that a spouse owns a property individually.Another way is post-nuptial agreement which is a contract created by spouses after entering into a marriage that outlines the ownership of financial assets in the event of a divorce. The contract can also set out the responsibilities surrounding any children or other obligations for the duration of the marriage.
Uploaded by CaptainDolphin3646 on