California  |  Real Estate Law

Legal Question

Asked on: 6/19/13, 12:41 pm

Does a recorded deed that explicitly says "gift of equity", and grants from A to A & B automatically mean that A and B each have an undivided half interest? If the deed was executed to enable A and B to be co-borrows on an equity loan that B solely repaid for improvements to the property that only A occupied, does that in any way limit B's interest to the value of the equity loan?

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