All property acquired during marriage is presumed to be community property, except property acquired by gift, devise, or descent. During marriage, real property is presumed to be subject to the sole management, control, and disposition of the spouse in whose name the property is held. See Tex. Fam. Code §§ 3.102, 3.104. A spouse may evidence that certain property is subject to the sole management, control, and disposition of the other spouse by executing this form.
Certificate of Management, Control, and Disposition
Date:
Spouse A:
Spouse B:
[Purchaser:]
[Lienholder:]
Property:
[Spouse B/Spouse A] represents and warrants to [Purchaser/Lienholder/Purchaser and Lienholder] that [Spouse A/Spouse B] has the sole management, control, and disposition of the Property and that no divorce action is pending between the Spouses.
This instrument is executed for valuable consideration. [Purchaser/Lienholder/Purchaser and Lienholder], all subsequent transferees of the Property, all title insurance companies and agencies insuring title of the Property, and the world at large may rely on this instrument in dealing with [Spouse A/Spouse B] without [Spouse B/Spouse A]’s joinder.
[Name of [spouse B/spouse A]]
Include acknowledgment. |