Legal Question in Real Estate Law in California
Thank all of you for your opinions and expertise. I am truly grateful.
Is the following true or false? If someone is vested in real property, they are not true owners until acquisition of title, and then being recorded in County records. T F
True or false? If I am vested in a property I cannot sell it, right? The property is not mine at this time. I cannot sell something that is not mine. After I record deed in County then I can do whatever with the property, right? Also, can someone transfer real property with an affidavit?
2 Answers from Attorneys
Your misunderstanding and misuse of the terminology of real property law makes it virtually impossible to answer this question. In short, however, pretty much everything you have said, or as best I can tell you are saying, is wrong.
More information and a lot of clarification would be necessary to even start to answer your question.
Generally, one can only sell what they actually own. A future right is something that is owned so technically it could be sold. But there are exceptions to every general rule. Sit down with a real estate attorney in your area.
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