Legal Question in Real Estate Law in California
title ownership
I need to know how I should take title in a home I am purchasing with my spouse. What are the advantages of joint teneacy vs. community property w/ right of survivorship when it comes to death of a spouse, sale of property to satisfy creditors, conveyance with or without consent of living spouse.
Asked on 11/02/07, 3:13 pm
1 Answer from Attorneys
George Shers
Law Offices of Georges H. Shers
Re: title ownership
California really only has joint tenancy or tenants in common for married couples. Under the limited facts you give, the home will automatically be considered community property. Your real question may be how can title be taken as non-community property. If that is it, you need to give us more facts and reasons why you might not want it community property.
Answered on 11/02/07, 3:27 pm