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Articles Posted in property ownership

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Who is Responsible for Injuries on Jointly Owned Property? (Civ. Code § 1714)

Generally, every owner of property is liable for injuries on their property when it is not in a reasonably safe condition. (Cody F. v. Falletti (2001) 92 Cal.App.4th 1232.) If a party was a co–owner and jointly in possession of the premises, they would be equally responsible for the condition…

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How Does the Process of a Partition Sale differ from a Foreclosure Sale?

Partitions sales and foreclosure sales are two different ways that a property can be sold. The main difference between the two is the purpose behind the two sales. For partition sales, the purpose is to divide the property and for the owners to get the proceeds in proportion to their…

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How Does a Partition Sale Differ From the Process of a Probate Sale?

Partitions sales and probate sales are two different ways that a property can be sold. A main difference between the two is that a partition sale is ordered and overseen by the court, while a probate sale is generally overseen by a personal representative, and the court can have minimal…

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Can a Co-Owner Take Out a Mortgage Without Your Consent?

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…

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How Does the Process of a Partition Sale Differ From a Divorce Sale?

Partitions sales and divorce sales are two different ways that a property can be sold.  One difference between the two is that in a partition sale, the court usually decides the proportion of ownership and how the proceeds are distributed among the owners, while in a divorce sale, the court…

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Code of Civil Procedure (CCP) § 872.020—Partition Law Title

California Code of Civil Procedure section 872.020 is under Title 10.5 Partition of Real and Personal Property. This statute details the scope, or in other words, the actions of partition that the title controls. The statute aims to clarify the property to which Partition Law actions may apply.  Code of…

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How Does a Partition Sale Differ From the Process of a Trustee Sale? 

Partitions sales and trustee sales are two different ways that a property can be sold. A main difference between the two is that a partition sale is ordered and overseen by the court, while a trustee sale is overseen by a third party in relation to foreclosure proceedings. While the…

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Partition Law Definitions (Code of Civil Procedure (CCP) section 872.010.) 

The California Partition Law begins in Code of Civil Procedure section 872.010 with definitions. These definitions apply throughout the entirety of the Partition Law, which ends only in Code of Civil Procedure section 874.323. The point of this statute is to provide uniformity throughout the Partition Law and reduce any…

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What Does It Mean When a Property Is Sold “As-is?” 

There are several provisions in real property sale agreements that can affect a party’s legal rights. One such provision is an “as-is” provision, which is often included in contracts for the sale of real property. It is important for parties to keep on the lookout for such provisions so that…

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What are the tax implications when one co-owner sells to another (Rev. & Tax. Code § 62)? 

There are two common ways an individual can own property: (1) as a tenant in common or (2) as a joint tenant. In California, there is a presumption that the co-owners of a piece of property are tenants in common unless the deed expressly states that the co-owners are joint…

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