Legal Question in Real Estate Law in California

My best friend is going through a divorce. He and his wife bought a property 50/50 during their marriage. Can I buy out his ex-wife's portion without any repercussions from the divorce? How should I go about doing this? The property currently has a 24% cash on cash return so it would be ideal to keep it. This property is located in San Luis Obispo County in California.


Asked on 3/05/10, 8:40 am

1 Answer from Attorneys

Until there is a court order, it is contempt of court to buy, sell, spend, or give away any community property except for necessities. You have to go through the court.

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Answered on 3/10/10, 9:25 am


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