S. You may owe your spouse’s debt even if you knew nothing about it. A. Property, excluding gifts or inheritance in some jurisdictions, is viewed as a result of a combined effort. Under Arizona's community property laws, all assets and debts a couple acquires during marriage belong equally to both spouses. Example of Community Property: Personal Property. creation of a community lien on sole and separate property in arizona; community property laws about a spouse’s personal guarantee in arizona; choosing a valuation date when dividing assets in a divorce in arizona; can a spouse be held liable for credit card debt in arizona; calculating a community lien on a depreciating asset in arizonaThe community property is liable for the premarital separate debts or other liabilities of a spouse, incurred after September 1, 1973 but only to the extent of the value of that spouse's contribution to the community property which would have been such spouse's separate property if single. A property system where the presumption is that each spouse contributes income and assets to the "community" of the spouses, and shares equally in any earnings, assets, and debts of the community. WARRANTY DEED 1. a. The remaining $75,000 in husband’s retirement plan is his separate property because he earned it before the marriage. unwritten guarantees of individual liberty. Martin to pay Mrs. Arizona law describes what happens if the community invests money in the separate property of one spouse. Second, personal guarantees in Arizona must be signed by both spouses in order to collect against community assets. Therefore, your spouse can only bequeath half your community property, either through the conveyance of a will or -- if he dies without a will -- through. concerned with limiting democracy. org DETERMINING COMMUNITY VERSUS SOLE PROPERTY IN ARIZONA. (References 1 and 4) The pivotal factor is usually whether the real. See IRM 25. property that the spouses have agreed (in writing) is separate, usually through a legally valid prenuptial or postnuptial agreement, and. Please prove you are human by selecting the plane. Community Property. Manuel signed a new will, leaving everything to the couple’s. Currently, there are only nine community property states in the United States: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Call 216-573-6000 or contact us here. The parties were married on February 15. Bankruptcy Court Self Help Center. Arizona Community Property Laws. With an A+ with the BBB, learn why On Q Property Management is the top management company in Chandler, Arizona. There are two types of "promise to pay" personal guarantees: limited and unlimited. Washington. A personal guaranty of another’s debt must be signed by both spouses for community property to be bound, otherwise. Property acquired by either spouse during the course of a marriage is considered community property. With traditional home insurance policies, the contents coverage amount is usually about 75% of the dwelling coverage. Form of Guarantee In Arizona, both spouses are required to sign a personal guarantee before their community property can be used to satisfy a debt under a personal guarantee. Community property is a state-level legal distinction that determines ownership of a married couple’s assets. Bell-Kilbourn made a decision regarding the effect of a Disclaimer Deed in a divorce in Arizona. Title companies in Arizona issue a trustee’s sale guarantee for non-judicial foreclosures. S. Community property generally means that spouses equally share ownership of anything purchased, acquired, or paid for during the marriage no matter who uses the property, who paid for the property, or whose name is on the title to the property. , PMB #275 Seattle, WA 98133 E-mail: [email protected] your state law, earnings of a spouse living separately and apart from the other spouse continue as community property. You can also discuss the consequences of signing a personal guarantee. Can one spouse decide to reconvert the joint property to community property without the other spouse’s. Arizona Revised Statutes, Title 25, Chapter 2, Article 2, Section 25-211 states that all property acquired during marriage is considered community property in Arizona, except those that were: Acquired after service of divorce petition, annulment petition, or legal separation petition (but only if the petition results in a decree). Under Arizona law, the landlord may have the right to evict you, lock you out of the property, and later put the business property. com. These can be very technical issues. 01 Ownership of interest in limited liability company in joint tenancy or community property with right of survivorship. Another typical example is if you have an accident because a hotel doesn't adequately light an area. • No upfront application or processing fees. 29 and the purchase price was $199,900. R. Unlimited personal guarantees. A. When a person dies with a will, the person names other people (“beneficiaries”) to inherit their. There's no protection from a company. Provider Name. The community property is liable for the premarital separate debts or other liabilities of a spouse, incurred after September 1, 1973 but only to the extent of the value. Therefore, if a guarantor’s community property is to be held answerable to the debt of a third party, it is critical for an extender of services or goods to get a written guarantee executed by both the husband and the wife. New Mexico. 3. Let’s cover each of these concepts individually. 16. Community debts that the court has ordered to be paid by the parties. as community property with right of survivorship, the following described property situated in the County of _______________, State of Arizona. Debts Before Marriage Joinder for Suit c. Stock had to determine if using community funds to purchase credit for time the husband served in the military before the parties were married transformed those years of service from the husband’s sole and separate property into community property. Gifts and inheritances received during the marriage are also separate. In Arizona, the separate property of a spouse is not liable for the separate debts of the other spouse unless there is an agreement by the non-debtor spouse to the contrary. Email: guarantyfunds@difi. This chapter declares that the court can divide joint assets. Arizona is a community property state. If the debts are held jointly, the non-filing partner will still owe. This represented her share of the community income earned during their three years of separation. “During the marriage” is defined as the period from the date of marriage to the date of service, or the date a spouse is served with a Petition for Dissolution of Marriage (a. Also, in Alaska married couples can choose to treat their. This means that community property includes bank accounts, retirement accounts, income,. Guarantee 3. That means a married couple can have it all: they can get the full stepped-up basis for income tax purposes, but avoid probate, on the first spouse’s death. The Arizona Court of Appeals in the case of Bell-Kilbourn vs. ”. Service Star Realty is pleased to welcome you. In Donn v. The fact that Arizona is a community property state complicates its inheritance statutes to some extent. This means that all of your personal assets are on the line. A personal guarantee is when a business owner, or business owners, signs a legally binding promise to repay a business loan personally. Prescott & Yavapai County Probate, Boundary Disputes, Easements, Quiet Title, and Partition Lawyer - GoodmanLaw - call (928) 445-3230 now. The Eighth Circuit affirmed a Tax Court ruling that held that a shareholder's guarantee of a loan to an S corporation was not an actual economic outlay and therefore did not increase the shareholder's debt basis in the S corporation (Hargis, No. California, Nevada and Washington also include. THAT each of us individually and jointly hereby assert and affirm that it is our intention to accept said instrument as community property with right of survivorship and to acquire any interest in, or any proceeds arising out ofSalary and Wages: At any time after death, the surviving spouse may collect salary or wages up to $5000 that was due to the person who died by completing an affidavit and giving it to the employer. Then, in 2020, Manuel apparently decided he didn’t want his wife to receive his share of property upon his death. However, a valid prenuptial or postnuptial agreement can detail which marital assets are not shared. A spouse's separate property consists of: (1) the property owned or claimed by the spouse before marriage;. GENERAL RULES FOR SEPARATE AND COMMUNITY PROPERTY. By offering that security, you may be able to borrow more in the long run. All property or debt that either spouse acquires during the marriage is likely. Phoenix, AZ 85007-2624. A personal/corporate guarantee needs: The debtor's name. Unlimited personal guarantees. This would be your best option- even if you have to use the equity in your home. 3. Schneider & Onofry is structured to meet the anticipated needs of specific groups of clients, ranging from individuals and families to major corporations. If you’re unable to repay a loan, you can face severe legal and financial penalties, but you do have some options. If you have questions about filing a homestead and separate property in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. In the personal loan guarantee template, the guarantor’s details need to be included as well so that the lender or company can contact them if they need to receive payment or have other financial issues with the borrower. which i believe, after researching the law, Rackmaster vs. § 25-211 Property acquired during marriage as community property; exceptions; effect of service of a petition § 25-213 Separate property § 25-214 Management and control § 25-215 Liability of community property and separate property for community and separate debts § 25-217 Ownership of property acquired after moving into stateCall us today at (480)305-8300 or reach out to us through our appointment scheduling form to schedule your personalized consultation and turn your Arizona community property case around today. The type of law your state follows dictates how property is divided upon divorce or death. This includes vehicles, homes, furniture, appliances and luxury. Located in the Community of Anthem in Florence Arizona, off of Hunt Hwy. E. guarantee to citizens a. Divorce laws vary by state, with some leaning more toward the community property concept. SEPARATE PROPERTY. In the case of Leisure Lane it was determined the community contributed $39,741. Arizona Community Property Law. Funding Circle: Best for long-term loans. In joint tenant agreements, the proceeds from the sale of a property (after the death of a spouse) would be subject to the capital gains tax. Community Property States: There are nine community property states. For. Under this system, property acquired by a married person during the marriage is the property of that person separately, unless the person agrees with his or her spouse to hold the property jointly. The parties were going through a divorce in Arizona. Collison’s Cadillac stayed separate goods or became community property. When one or both partners have debt coming into the marriage, the debt belongs solely to the person who incurred them. That means a soon-to-be former spouse is probably entitled to a share of your retirement. The choices were: community property, joint tenants with right of survivorship (“JTWROS”) and. 18 reviews. Credibly: Best for working capital. Leisure Lane had an appreciation of $145,100. Personal guarantees are by definition unsecured, which means that they’re not. R. The guarantor's information (name, contact info, etc. 1981) (dismissing complaint and cause of action as to spouse). Find your state’s titling requirements on this. All community property, which can include real estate, bank accounts, brokerage accounts, etc. Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin are community property states. Arizona generally defines community property as that acquired by the couple during marriage, irrespective of whose name it. National Domestic Violence Hotline. determining community versus sole property in arizona; creation of a community lien on sole and separate property in arizona; community property laws about a spouse’s personal guarantee in arizona; choosing a valuation date when dividing assets in a divorce in arizona; can a spouse be held liable for credit card debt in arizona The theory behind community property is that as spouses contribute to the marriage with income and maintain a household, they equally share in the accumulated assets and debts. However, there are contrary arguments that can be made, including fraud or mistake, or the fact that the community paid the mortgage and other expenses associated with the home. Alter the status of preexisting community property. Arizona is a community property state,. One of the benefits with community property is that the property receives a full step-up in basis. So if you incur a debt, such as a credit card balance, while you're single and then get married, it won't automatically. 3 attorney answers. However, as a landlord, your contents coverage. For example, the trust must state that it is a community property trust, and be signed by both spouses. Service Star Realty offers full-service property management to meet your requirements as either a homeowner or landlord. In that case, a wife’s negligent driving of a community car caused injuries to third persons. In addition to assets that already have a designated beneficiary (like a life insurance or a bank account), estates with a value of $166,250 or less may qualify for a non-formal probate case. Acquired by gift, devise or descent. Property § 33-431. D. By assuring that the property attached to the note is of sufficient value to cover the amount of the loan, the payee thus has a guarantee of being repaid. These downloadable forms are only for personal use. Doing so can help your spouse avoid probate or risk ownership due to competing interest from your heirs. Yes. A. Download your copy of the Community Property Agreement, fill it in and sign it - it's so easy. 12-10) entitled “Community Property”, Arizona is one of only nine (9) community property states, the others being California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and. S. Bell-Kilbourn made a decision regarding the effect of a Disclaimer Deed in a divorce in Arizona. B. During the divorce process, property is divided according to its status as "marital property" -- that which was acquired after the marriage and is thus shared -- or personal property that is not subject to division. The minimum required limits are as follows: Bodily injury coverage: $25,000 for each person/$50,000 for each incident. Address: 2310 W Mission Ln Ste#4 Phoenix, AZ 85021. But even among community property states, rules vary according to a given state’s law. All. However, each spouse has an. cmt. Stat. 5. 1. § 33-452 - Conveyance of community property § 33-453 - Conveyance of homestead § 33-454 - Power of attorney from one spouse to the other to execute instruments relating to property § 33-455 - Conveyance of absolute title by judicial sale; effect upon rights of persons not parties § 33-456 - Passage of title to real or personal property by. Community property versus separate property. The spouses have equal management, control and disposition rights over their community property and have equal power to bind the community. An estate in community property with right of survivorship may also be created by grant or transfer from a husband and wife, when. 8880. He may be reached at (216) 573-6000 or at [email protected] Arizona Revised Statutes Title 33 - Property § 33-431 Grants and devises to two or more persons; estates in common; community property with right of survivorship; joint tenants with right of survivorship. If not signed by both spouses, the guarantee can have little weight in attempting to collect against a married guarantor and is uncollectable since the marital community cannot be liable for the debt. 2d 712 (1953), the Arizona Supreme Court considered the question of whether Arizona courts would enforce an agreement made by an unmarried, cohabiting couple to pool their earnings and share equally in all assets gained during their time together. Question: You have previously written in your column that a husband and a wife owning their home as Community Property with Right of Survivorship (” CPWROS” ) is superior for tax purposes, compared to Joint Tenants with Right of Survivorship (” JTWROS” ). Divorce can be a messy process, and it can become. Community Property: A U. c. A personal guarantee means that if the company fails to pay its debt, you and/or your shareholders are on the hook. A guarantor is someone who agrees to be on a lease and guarantees to pay a tenant’s rent in the event that the tenant defaults on their rental obligation. In Arizona, married couples are required to divide property upon divorce. A motion for summary judgment does not resolve factual issues. View property details of the 50981 homes for sale in Arizona. Upon the death of one spouse, every asset that is community property is divided in half. Insurance Lawyer. Code §§ 3. N. Earnings of either spouse during a marriage are community property in Arizona. There are two exceptions to this rule. They go as follows: Additionally, some states actually allow married couples to opt into community property rules. Gifts and inheritances received during the marriage are also separate. The warranty deed enlists the description of the property along with any known encumbrances, such as easements, unpaid liens, or judgments. The Arizona Court of Appeals affirmed the ruling of the lower court. Either spouse or either domestic partner, acting alone, may manage and control community property,. Arizona Revised Statutes Section 25-211. The member's current spouse has no identifiable community property interest in the member's benefits. Arizona’s community property law for spousal debt is complex, so don't assume automatically that you must pay your spouse’s debt. Pursuant to A. ) Kentucky. In several other states, spouses can decide to opt into a community property system or designate certain assets as community property. Examples of community property include: real estate, home furnishings, vehicles, bank accounts, investment accounts, credit card debts, student loans, car payments, and some retirement plans. 1512 (2022). Assets acquired before a marriage are excluded. 76% (as of November 16th, 2023) • A commercial mortgage broker with over 30 years of lending experience. In Kingsberry’s case, Western Drilling repaid all of the community loans in full. Chandler Property Management. Community property is also sometimes called marital property, and it basically means that whatever your spouse owns asset-wise (real property, income, etc. § 25-214(C)(2). Several years later, the law firm defaulted under the lease, and the landlord sued the guarantors. Wisconsin. To help you find your perfect rental property, we also provide tenant. Content on this website does not. Community property is generally considered to be all property that the two parties acquired during the marriage or partnership and includes debts, physical property, financial instruments, and money. Therefore, your spouse's debts may negatively affect your mortgage application. ASRS shall use reasonable judgment to distribute the account in a manner that is consistent with Arizona community. Most states also let you keep a couple of thousand dollars' worth of business equipment and tools of the trade, as well as money in tax-deferred retirement plans. Phoenix, AZ 85016. In Florida, spouses can create a "community property trust. Maderia (1 CA-CV 07-0646, insures that our community property cannot be attached, since i did not sign the application, we have been married 30 yrs and have no seperate property . First, as a personal guarantee on a commercial property you are responsible for the rent. E provides that two or more natural persons may own an LLC membership interest as joint tenants with right of survivorship and a married couple may own an LLC membership interest as community property with right of survivorship. You may use your bank card or PayPal profile to finish the financial transaction. community property. Whether canine, feline, equine, or exotic, if the animal is designated as community. What is It? A loan guarantee form is a legal document used to appoint a third party, the guarantor, who is obligated to pay back a loan if the borrower defaults. Community property or spousal interest: when property owned jointly between spouses or the spouse’s interest in pledged collateral is exempt from enforced collection. Manuel signed a new will, leaving everything to the couple’s. Surviving. Unless otherwise specified, community property in Arizona is held by both spouses equally. creation of a community lien on sole and separate property in arizona; community property laws about a spouse’s personal guarantee in arizona; choosing a valuation date when dividing assets in a divorce in arizona; can a spouse be held liable for credit card debt in arizona; calculating a community lien on a depreciating asset in arizona B. Learn more about some of our most recent case results in criminal law, personal injury, elder law and eminent domain. Retransmission, redistribution, or any other commercial use is prohibited. 1. Rev. California, Nevada and Washington also include. At death, each spouse has a right to transfer their one-half of the community property. Answer : It depends. Chapter 8 Community & Separate Property. If It's Serious Enough To Hire An Attorney, Hire A Former USAF JAG and Nuclear Submarine Officer. Personal Property: If the total value of the personal property is under $30,000, the legal heirs can complete a document called "Affidavit of. Guarantee funds can also be used for refinancing the debt of an essential community. Maximilian Julian is a partner at Gertsburg Licata. From an income tax. Under Arizona law, in order to bind the community property of a husband and wife, the signautres of both husband and wife are required. Community Property. Hildebrand Law, PC , 1095 W. Think of it as splitting all the important stuff 50/50. 02 - Convicted spouse; award of community property; definition Universal Citation: AZ Rev Stat § 25-318. Learn How are Stock Options Divided in an Arizona Divorce Case from the Experienced Arizona Divorce Attorneys at Hildebrand Law, PC. Illinois. No matter the size of the marital estate – grand or modest – divorce and legal separation require distributing furniture, bank accounts, and real estate right along with home mortgages, car loans, and medical bills. All property acquired during a marriage is. The same applies to other assets such as wages earned by either person or. Centrally located in the West Valley. Art. One half of the property is retained by the. Aside from assets and debts, business interests and pensions, like 401k plans, also fall under community property. Memo. Pima County Bar. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Small Dollar Loan Program (SDL Program) today. La Paz County Assessor 1112 Joshua Avenue, Suite 204, Parker AZ 85344 (928) 669-6165 Maricopa County Assessor 301 West Jefferson, Phoenix AZ 85003Property division in a divorce in Community Property Arizona can be complicated. ”. Once the deed is signed, it is recorded in the land records of the county where the property is located. An increase in the value of that separate property during the marriage is also separate property. Alter the status of preexisting community property. 596 (Ariz. Const. A deed allows the current owners ( grantors) to transfer property to new owners ( grantees ). Grants and devises to two or more persons; estates in common; community property with right of survivorship. If you sign a personal guarantee on a commercial lease that the business ultimately cannot pay, then you are liable for the unpaid balance of that lease. Regardless of the animal’s unique role in the family, pets are personal property. 1. Office Location. Personal property including furniture, pets, and household appliances. Thereby, the $900 appreciation goes away. Similarly, debts incurred during the marriage are generally considered community property debts. Knowing whether you live in a community property state may help inform how you. Community property law sets forth a presumption that all real and personal property acquired during marriage is community property – meaning that the “property” is owned 50% by Husband and 50% by Wife. The spouses have equal management, control and disposition rights over their community property and have equal power to bind the community. SEPARATE PROPERTY. Both parties hold equal, shared ownership of the property, regardless of who contributed what to the purchase. In community property states, spouses are considered joint owners of nearly all assets and debts acquired in marriage. Either spouse separately may acquire, manage, control or dispose of community property or bind the community, except that joinder of both spouses is required in any of the following cases: 1. No: Yes; Consensual liens have priority over homestead. 3. Generally the guarantee is given in favour of a creditor (such as a bank) and the contractual obligation is the repayment. Step 7. The concept of community property is rooted in Spanish law and is now widespread. SDL Program funding is intended to expand consumer access to financial institutions by providing alternatives to high-cost small dollar lending. Even a stay-at-home. 16, § 15 (2022). The guaranteeing individual is known as the guarantor, and the entity that the business owes the money to is the creditor. 2022 Arizona Revised Statutes Title 25 - Marital and Domestic Relations § 25-318. C. The Arizona Court of Appeals in the published case of Stock vs. Community property is a legal framework used by certain states to determine how ownership rights are held between spouses. This holds true even if you purchased the policy before getting married. 1 CA-CV 14-0341 (App. See full list on americanbar. § 33-452 - Conveyance of community property § 33-453 - Conveyance of homestead § 33-454 - Power of attorney from one spouse to the other to execute instruments relating to property § 33-455 - Conveyance of absolute title by judicial sale; effect upon rights of persons not parties § 33-456 - Passage of title to real or personal property by. Advertiser Disclosure. 18. R. The community property is liable for the premarital separate debts or other liabilities of a spouse, incurred after September 1, 1973 but only to the extent of the value of that. An “in rem proceeding” refers to a lawsuit or other legal action directed toward property, rather than toward a particular person. Arizona. So in the above example, the husband’s assets would not be subject to seizure by the wife’s premarital student loan creditors. A states: “ All property acquired by either husband or wife during the marriage is the community property of the husband and wife except for property that is: 1. tenants in common. S. Alter the duties and rights of either spouse with respect to the management of community property except as prescribed pursuant to section 25-315, subsection. This is relevant for. This means that Arizona courts are required to follow community property law principles when dividing community property in divorce hearings. Some banks require a spouse’s guarantee in addition to your own, so assets held solely in your spouse’s name are fair game for the lender. § 25-211 Property acquired during marriage as community property; exceptions; effect of service of a petition § 25-213 Separate property § 25-214 Management and control § 25-215 Liability of community property and separate property for community and separate debts § 25-217 Ownership of property acquired after moving into stateWe would like to show you a description here but the site won’t allow us. §38-431. A personal guarantee is a legal clause designed to protect the lender in a situation where the business is unable to pay back its debt. 1980) the Arizona Supreme Court took another look at the issue of whether a spouse’s personal injury award is community property or separate property. Taycor Financial: Best for equipment financing. La Paz County Assessor 1112 Joshua Avenue, Suite 204, Parker AZ 85344 (928) 669-6165 Maricopa County Assessor 301 West Jefferson, Phoenix AZ 85003Community property states include Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin. You can schedule your initial consultation by calling (480) 888-7111 or. Fundbox: Best for startups. Becchelli, 109 Ariz. Personal guarantees and the law. 010 and 26. § 25-211 - Property acquired during marriage as community property; exceptions; effect of service of a petition § 25-213 - Separate property § 25-214 - Management and control § 25-215 - Liability of community property and separate property for community and separate debts § 25-217 - Ownership of property acquired after moving into stateFederal estate/trust income tax return – due by April 15 of the year following the individual’s death. § 33-452 Conveyance of community property § 33-453 Conveyance of homestead § 33-454 Power of attorney from one spouse to the other to execute instruments relating to property § 33-455 Conveyance of absolute title by judicial sale; effect upon rights of persons not parties § 33-456 Passage of title to real or personal property by judgmentThe state of Arizona is a community property state. Arizona Community Property Laws. Generally, a property that is acquired separately remains separate during the marriage. e. For the purposes of inheritance. Message. In each state, you and your spouse have to create a community property agreement. The trial court concluded that the use of. Community Property Law. GENERAL RULES FOR SEPARATE AND COMMUNITY PROPERTY. You can make a claim directly to Amazon, and our team will determine if you're eligible for a refund. 219 W. In Arizona, all property acquired by a couple after marriage is presumed to be community property. If the tenant doesn’t pay rent or breaks the lease for other reasons, the guarantor would be held liable. You will need to include the full name, phone number, email address, and mailing address. Personal guarantees are attractive to creditors when the guarantor has assets to cover the. Examples of community property in Arizona could include the following, though it may depend on how and when they were acquired: Bank accounts, whether held jointly or in each party’s separate names; Personal property including. If you have questions about selling community property during a divorce in Arizona, you should seriously consider contacting the attorneys at Hildebrand Law, PC. As an Arizona State Bar Certified Specialist in family law matters in Arizona, I wrote in one of my prior blog articles that the Court may be able to treat accrued vacation pay as a. In a proceeding for dissolution of the marriage, or for legal separation, or in a proceeding for disposition of property following dissolution of the marriage by a court that previously lacked personal jurisdiction over the absent spouse or previously lacked. 50% of the next $200,000,000 made available. 001. property that one spouse owned before the marriage. What Kinds of Property Damage Does Arizona Landlord Insurance Cover? Landlord insurance policies provide you with structural coverage and personal property coverage. Sec. Second, community property does not include property acquired AFTER. Any interest or equity the other party has in or to the property. Avvo Rating: 9. Arizona’s community property laws are typical of the traditional Spanish division of spousal property. Decision. (See Becchelli v. Alter the duties and rights of either spouse with respect to the management of community property except as prescribed pursuant to section 25-315, subsection. As of 2020, there are nine states where community property laws are observed. Change the status of community property used to acquire new property or the status of that new property as community property. Even if Amanda put the car title only in Amanda's name, some states will view it as community property as the purchase occurred during the marriage. Maderia (1 CA-CV 07-0646, insures that our community property cannot be attached, since i did not sign the application, we have been married 30 yrs and have no seperate. Assets include things like income, real estate, investments, and personal belongings. The guarantee report is generally a commitment to insure title to the property in the name of the. So how do community property and property division work in Arizona? Read on for everything.