Legal Question in Wills and Trusts in California
What is the form called when (3) people are on it, but (1) wants to be able to sell his part to be able to make his own Living Trust
Asked on 11/19/09, 6:09 pm
1 Answer from Attorneys
Scott Linden
Scott H. Linden, Esq.
Sounds like you are trying to change the form of ownership for real property. The change would be making the owners tenants in common (provided they are not already under this type of ownership). Once the owners are tenants in common, each person owns their own portion and can sell or tansfer it frely, (subsequent to any written agreement stating otherwise).
If you need assistance with creating the transfer of title,please feel free to contact me in a private forum through my websit at PasadenaEstatePlanning.com
Scott
Answered on 11/30/09, 2:52 pm
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