Married in community of property
Q: one spouse acquired property prior to the marriage, and subsequently gets married in community of property, who owns the Property?
A: The new spouse automatically becomes a co-owner of the property and no transfer is required.
Married out of community of property
Q: If the one spouse bought property, prior to the marriage out of community of property, who does it belong to?
A: The individual estate of the Spouse who bought the property.
It is important to know the marital regime of Parties when buying or selling of Property to ensure a valid OTP.
By Chana Finger from Kruger Attorneys & Conveyancers Inc