The Karlin Law Firm LLP

Providing quality legal services to statewide and national clients in ADA defense, Personal Injury, business and real estate for more than 35 years

866-500-8932
Practice Areas

Things to consider when looking into joint property ownership

There are a variety of situations in which a person might consider co-owning a piece of real estate with someone else. Joint ownership of a property can raise all sorts of unique issues down the line, including issues regarding: how disputes between co-owners will be dealt with, what is required for the property to be transferred, what happens if one of the property's co-owners passes away and how to terminate the arrangement.

When considering entering into a joint ownership agreement for a property, it is important for a person to be aware of the unique issues these arrangements raise. It is also critical to carefully think about whether jointly owning a property makes sense given one's goals. Experienced real estate law attorneys can give individuals guidance on how well-aligned a joint ownership arrangement would be with their real-estate-related goals.

Another thing it can be important for a person looking into entering into a joint ownership arrangement to give careful thought to is what type of joint ownership to go with.

There are two main ways for multiple individuals to jointly own a piece of real estate: through a joint tenancy or through a tenancy in common. Which of these types of joint ownership is decided on in a joint ownership agreement can have significant impacts on the future rights of the property co-owners. Real estate lawyers can answer questions individuals have about the different effects these two types of joint ownership arrangements can have and what kinds of things influence which of these two arrangements might be the best one for a given set of parties.

For further information on joint real estate ownership issues, see our page on joint ownership agreements. 

No Comments

Leave a comment
Comment Information

Contact Us Today

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

L. Scott Karlin

L. Scott Karlin

Attorney Profile
David E. Karlin

David E. Karlin

David E. Karlin is a California attorney with a primary focus on business and real estate, including law and legal issues...

Attorney Profile
Michael J. Karlin

Michael J. Karlin

Michael J. Karlin is a Southern California based attorney whose practice primarily focuses on Entertainment Law. Michael began...

Attorney Profile

Recent Articles

ADA Fraud Reported

A recent article on the news concerns a man in Riverside County who allegedly has attempted to obtain money from property owners and businesses based on alleged violations of the Americans with Disablities Act (ADA). Read More

Tustin Office
13522 Newport Avenue, Suite 201
Tustin, CA 92780

Phone: 714-881-0054
Tustin Law Office Map

Newport Beach Office
2901 West Coast Highway, Suite 200
Newport Beach, CA 92663

Phone: 949-427-9328
Newport Beach Law Office Map

Carlsbad Office
2173 Salk Avenue
Suite 250
Carlsbad, CA 92008

Phone: 760-407-2409
Map & Directions

Riverside Office
6809 Indiana Avenue
Suite 100
Riverside, CA 92506

Phone: 951-643-8769
Map & Directions

Los Angeles Office
1100 S. Hope Street
Suite 103
Los Angeles, CA 90015

Phone: 213-519-5633
Map & Directions

Fresno Office
1444 Fulton Street
Fresno, CA 93721

Phone: 951-373-4384
Map & Directions

Review Us