Community property agreement
Updated 17 October 2025
This template outlines a Community Property Agreement between two spouses. It defines all property, present and future, as community property to be shared equally, while also allowing for specific exemptions. The agreement also specifies that upon the death of one spouse, all community property will vest in the surviving spouse in accordance with state and federal laws.
Community Property Agreement
[name of spouse 1] (hereafter “Spouse 1”) and [name of spouse 2] (hereafter “Spouse 2”) hereby agree to the following:
That all property owned by Spouse 1, including property that may be purchased, inherited, or received in the future, and including any property registered solely in [his/her] name or purchased with [his/her] money from [his/her] account, will be considered community property from this date forth, to be shared equally with Spouse 2.
That all property owned by Spouse 2, including property that may be purchased, inherited, or received in the future, and including any property registered solely in [his/her] name or purchased with [his/her] money from [his/her] account, will be considered community property from this date forth, to be shared equally with Spouse 1.
That the following property owned by Spouse 1 will be exempt from this agreement: [list of exempt property and assets that will not be shared property].
That the following property owned by Spouse 2 will be exempt from this agreement: [list of exempt property and assets that will not be shared property].
That, should Spouse 2 survive Spouse 1, all community property shall be vested to Spouse 2 on the occasion of Spouse 1’s death, in accordance with all state and federal laws.
That, should Spouse 1 survive Spouse 2, all community property shall be vested to Spouse 1 on the occasion of Spouse 2’s death, in accordance with all state and federal laws.
In witness to their agreement to the terms of this contract, the parties affix their signatures below:
[spouse 1] [spouse 2]
[signature] [signature]
[date] [date]
[address] [address]
[city, state, zip] [city, state, zip]
About this template
What is this template?
Community property agreement is a free, ready-to-use Contract law template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.
When should you use it?
Reach for this Contract law template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. Always review the final wording against the laws that apply where you live or do business.
What's typically included?
A well-drafted Contract law usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.