The question is, States in which property accumulated during marriage is considered equally owned by both spouses are known as:
A. no-fault jurisdictions
B. joint custody jurisdictions
C. equitably property jurisdictions
D. community property jurisdictions
I am stuck on C and D. My book says that most states have laws intended to assure equitable distribution of marital property when a couple divorces. Equitable distribution laws allow judges to distribute property equitably, or fairly, between a husband and wife, regardless of who has title to the property.
Then another page says, In community property states, each spouse is said to own a one-half interest in property acquired during the marriage. Property owned before marriage or received as a gift remains separate property unless it is commingled with community property or treated as such.
So I wanted to go with D. after I read that but wanted to make sure. Check my answer please?
Since your question asks about states in which property is EQUALLY owned, D must be the answer.
Thank you.
You are welcome.
Based on the information provided, it seems that the correct answer is D. community property jurisdictions. In community property states, property accumulated during the marriage is generally considered equally owned by both spouses, with each spouse having a one-half interest in it. This is in contrast to equitable distribution laws, where judges have the discretion to distribute marital property fairly between the spouses, regardless of who has title to the property.
To arrive at this answer, you correctly referenced the second page, which specified the concept of community property states. It stated that each spouse in such states owns a one-half interest in property acquired during the marriage. This aligns with the idea that property accumulated during marriage is equally owned by both spouses.
It's important to note that the term "equitable property jurisdictions" (C) might be confused with equitable distribution laws. While these laws do aim to distribute property equitably (or fairly), they don't necessarily mean that property is considered equally owned by both spouses.
Therefore, based on the information provided, the best answer is D. community property jurisdictions.