Legal Question in Family Law in California
community property
$55,000 was put down on a house which was deeded to my daughters husband and parents, house sold and money rolled over into a new house, did that then become community property between the husband and wife? mother in law wants her $55,000 is daughter responsible for that?
Asked on 11/11/06, 11:01 am
1 Answer from Attorneys
Lyle Johnson
Bedi and Johnson Attorneys at Law
Re: community property
The answer to this question would depend upon the terms of the agreement by which the $55,000 was used when the house was purchased. This is a complex question. Based on the current value of houses, it would be in her best interest to consult with an attorney.
Answered on 11/14/06, 12:26 am