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True or False 1. Community property is a form of property ownership in which various people who are neighbors own a share of real estate

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1. Community property is a form of property ownership in which various people who are neighbors own a share of real estate in the community.

2. Substantial differences exist among the property laws of the community property states.

3. Property acquired by either spouse before marriage in a community property state remains separate property.

4. Property inherited during the marriage by an individual spouse in a community property state is considered to be separate property.

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