Unless specified otherwise, how do a husband and wife take title to property?

The correct way for a husband and wife to take title to property, unless specified otherwise, is as Tenants by the Entirety. This form of ownership is specifically designed for married couples and offers distinct advantages, such as protection from creditors of one spouse and the right of survivorship, meaning that if one spouse dies, the other automatically becomes the sole owner of the property.

While community property is a legal concept that applies in certain states, it does not apply universally, including North Carolina, which does not recognize community property laws. In contrast, Tenants by the Entirety is the default arrangement for married couples in North Carolina unless they choose a different method of ownership.

Joint tenancy, which provides equal ownership and the right of survivorship, can be utilized by married couples, but it is less common for spouses than Tenants by the Entirety due to the specific protections afforded by the latter. Similarly, common ownership could refer to various forms of ownership that are not specific to married couples, making it less applicable in the context of this question.

Understanding these distinctions is crucial for recognizing how ownership laws apply uniquely to married couples in North Carolina.