"Steven and Andrea are married and live in San Diego, California. Shortly after the marriage, they purchase a home together. Two years later, Andrea inherits ranchland from her deceased father. In terms of ownership:"

a. the home is considered to be community property, but the ranchland is not.
b. the ranchland is considered to be community property, but the home is not.
c. both the home and ranchland are held as community property.
d. neither the home nor the ranchland are held as community property because California is not a community-property state.

A. the home is considered to be community property, but the ranchland is not.

Explanation:

Steven and Andrea are married and live in San Diego, California. Shortly after the marriage, they purchase a home together. Two years later, Andrea inherits ranchland from her deceased father. In terms of ownership: the home is considered to be community property, but the ranchland is not because the ranch land was inherited, which is considered under absolute ownership.

Ownership is the legal right to the possession of a thing or the state or fact of exclusive rights and control over property, which may be an object, land or real estate, or intellectual property. While,Communal ownership is a  situations where rights to use resources are held by a community in order words, the ownership of a property by a community so that each member has a right to use the property or a portion of it. Absolute ownership is a free transferable and inheritable property a person can have as his actual right.

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