Management and Control of Real Property
Learn the scope of each spouse’s right to manage and control community real property, including the right to transfer real property.
Transcript
Just as both spouses have equal rights to manage and control community personal property, both spouses also have equal rights to manage and control community real property. Recall that real property is fixed property like land and buildings. It also includes related property interests, such as leases of land and buildings. For many spouses, their real property interests will be their most valuable assets. Also, real property transactions tend to be more heavily regulated than personal...
