Legal Question in Real Estate Law in California
Property ownership share post improvements
Two unrelated persons pool resources and purchase some raw land as envestment, titling it 50-50. One person makes improvements (builds a house on the land of value equal to that of the raw land) at his own expense, but the title is still 50-50 when, in all fairness it should now be 75-25. The other person now refuses to adjust the title or pay for half the cost of the improvements. What options are there for the person who made the improvements to make this ''right''?
2 Answers from Attorneys
Re: Property ownership share post improvements
Options are to settle it or sue. If you need legal help doing either, feel free to contact me.
Re: Property ownership share post improvements
You may ask the court to sign the deed transfering the equitible share to you. Contact me directly.
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