Category: California
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On the Rise (and Protected From Prop 19): The Interspousal Deed in California
A quitclaim deed is sometimes used for transferring a home between spouses, but another option in some states is the interspousal transfer grant deed (“interspousal deed”). It, too, can pass a house between spouses without a sale. The interspousal deed, whose entire purpose is to change the ownership on the title, is the preferred instrument…
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California Mechanic’s Lien Process
Most real estate owners will, at some point, use a contractor to build or improve upon their property. This is generally a straightforward process wherein the contractor arranges the project according to the terms of the contract, and sees it to completion. The satisfied owner then pays the bill. What happens when the contractor finishes…
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Homestead Exemptions and Living Trusts: a Look at California, Florida, and Texas
The information presented in this article is not all-encompassing, nor is it meant to be construed as professional legal advice. Because homestead exemption laws are complicated, consult a qualified attorney with questions regarding homestead exemptions and living trusts in your state. Via Black’s Law Dictionary, 8th ed., a homestead is “[t]he house, outbuildings, and adjoining…