Community property is a method of co-ownership for married persons only.
Ownership interests are equal and both co-owners must join in transferring or encumbering the property. Upon the death of one spouse, the deceased spouse's interest will pass by intestate succession or through a will. This is a method of co-ownership that allows a married couple to hold title as husband and wife while providing for succession outside of probate on the death of either spouse. Each spouse holds an undivided one-half interest in the estate. It requires signatures of both spouses to convey or encumber.