Legal Question in Real Estate Law in California
Can one of the owners in Joint Tenancy
break the joint tenancy and sell of gift
their half?
Asked on 9/01/11, 3:02 pm
2 Answers from Attorneys
George Shers
Law Offices of Georges H. Shers
Either giving it as a gift or selling it breaks the joint tenancy and the owners become tenants in common. Sending an e-mail telling the other joint tenant that you no longer want to be a joint tenant and as of a certain date will not be is also sufficient. But no one will want to buy at a reasonable price a property over which they must first get the agreement of the other owners before they can do anything.
Answered on 9/01/11, 4:24 pm