TAX004

Assignment 2.1: Classification of property ownership

INSTRUCTIONS:
 You are to classify the following listed properties as Exclusive (E) or Conjugal (C) property
under the Absolute Community of Property (ACoP) and the Conjugal Partnership of Gains
(CPG).
 Write "C" in the space provided if the property is classified as common property.
 Write "E" if the property is classified as exclusive.

PROPERTY ACoP CPG

1.    Properties owned by the spouses before the marriage C E
2.    Rental income on a property acquired before marriage C C
3.    Property acquired during marriage. C C
4.    Income on property acquired during marriage. C C
5.    Property acquired by gift before marriage. C E
6.    Car inherited before marriage C C
7.    Car purchased during marriage using funds derived from practice of
C C
profession
8.    Jewelry bought during marriage for personal and exclusive use by
E C
decedent.
9.    Property acquired during marriage from common fund. C C
10.  Property owned before marriage for personal & exclusive use of
E E
decedent.