112.151 – OWNERSHIP OF PROPERTY DURING MARRIAGE; MANAGEMENT
Texas Estates Code § 112.151
Summary
This law clarifies that property covered by a community property survivorship agreement remains community property during marriage. It also states that unless specified otherwise, the agreement does not alter the spouses' rights to manage or control that property.
Property under a survivorship agreement remains community property.
Spouses retain management and control rights unless stated otherwise.
The law applies during the marriage of the spouses.
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In simple terms: Learn about Texas's OWNERSHIP OF PROPERTY DURING MARRIAGE; MANAGEMENT law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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