FREE LA-Notary Matrimonial Regimes and Community Property Questions and Answers

Question 1

A married couple, domiciled in Louisiana, did not enter into a matrimonial agreement. What is their legal matrimonial regime?

Accepted Answer

Community of acquets and gains.

Answer

Under Louisiana Civil Code Article 2327, the legal regime of community of acquets and gains applies to spouses domiciled in this state in the absence of a matrimonial agreement that excludes it. This means all property acquired during the marriage through the effort, skill, or industry of either spouse is presumed to be community property.

Question 2

John owned a rental property before his marriage to Mary. During the marriage, the rental income from this property is used to pay for family expenses. How is the rental income classified?

Accepted Answer

Community property.

Answer

The natural and civil fruits of the separate property of a spouse, including rental income, are community property. However, a spouse may reserve them as his separate property by a declaration made in an authentic act or an act under private signature duly acknowledged.

Question 3

A couple wishes to enter into a matrimonial agreement *after* they are married to modify their community property regime. What is required for this agreement to be valid?

Accepted Answer

An authentic act or an act under private signature duly acknowledged, and court approval.

Answer

Spouses may enter into a matrimonial agreement during the marriage to modify or terminate their matrimonial regime. For this agreement to be valid, it must be made by authentic act or by an act under private signature duly acknowledged, and it requires joint petition and a finding by the court that it serves their best interests and that they understand the governing principles and rules.

Question 4

A wife uses her separate funds to purchase immovable property during the marriage. To ensure the property is classified as her separate property, what must the act of acquisition contain?

Accepted Answer

A 'double declaration' stating the funds are her separate funds and she intends to acquire the property for her separate estate.

Answer

To rebut the strong presumption that property acquired during the marriage is community, the act of acquisition must contain a 'double declaration.' The spouse must declare that the funds used are their separate funds and that they are acquiring the property for their separate estate.

Question 5

Which of the following events does NOT, by itself, terminate the community property regime?

Accepted Answer

The physical separation of the spouses who live in different residences.

Answer

The community property regime is terminated by the death of a spouse, a judgment of divorce, a judgment of separation from bed and board, or a judgment declaring the nullity of the marriage. The mere physical separation of the spouses does not terminate the legal regime.

LA Notary - Louisiana Notary Exam Practice Test

LA Notary - Louisiana Notary Exam Practice Test

FREE LA-Notary Matrimonial Regimes and Community Property Questions and Answers