With California property transfers now coming through inheritance, co-ownership disputes are surging. Underwood Law Firm offers expert legal guidance to force sales, negotiate buyouts, or litigate under California partition law By Eli Underwood California's real estate market has always become very complex. It is getting more complicated every year. Property values and generational wealth...
Continue reading ›Often, the question of distributing rent earned on a co-owned property arises in the context of cotenants. Cotenants have equal rights to possess their property with their fellow cotenants. This means that no one cotenant can exclude another from the property. One cotenant can, however, assign their right of possession to a third party....
Continue reading ›Yes. California law allows a co-owner to take out a mortgage without the other co-owners consent or knowledge. Co-owning property with other parties can be quite a responsibility that can be difficult to manage. One particularly stressful aspect of managing property is managing the debt that comes with financing the property. Some parties may...
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