Community Property
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Taking Title When You Buy
Taking title to a home can seem like a boilerplate event during escrow, but it is very important. The prime question is how you take title. Taking Title When You Buy If you are a first time buyer, you are probably wondering what taking title refers to. It is not the act of accepting a piece of paper from the seller. Taking title refers to who is listed on the title and HOW they are listed. If you are not married and are buying the home alone, y Read More... -
An In-Depth Look at Ways of Holding Title
What is the best way to hold title? There are many different angles to purchasing property and many decisions to make. One of the main decisions to be made is which method of holding title is the most applicable and appropriate for a particular parcel. Real Property can be owned by a single owner or by many owners and it is very important to understand the process in order to make a wise decision. Let’s take a look at the process. Someone who ow Read More... -
General Property Issues Related to Divorce and Family Law in California.
Community Property California is a community property state. All property that is purchased or acquired during marriage, or transmuted (converted) to community property during marriage is community property. The husband and wife in a marriage, each own an undivided one half interest in all community property of the marriage. Community property is not divided, unless divorce proceedings are initiated, or upon the death of either the husband or Read More...
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