Legal Question in Real Estate Law in California

Co-ownership of personal real estate

I own a home. My sister will be moving in with me and wishes to buy half equity. Will this increase my present real estate taxes


Asked on 7/05/06, 2:07 pm

1 Answer from Attorneys
Ken Koenen Koenen & Tokunaga, P.C.

Re: Co-ownership of personal real estate

It could. You may be able to avoid it if you take the property as joint-tenants, but that would result in right of survivorship if one of you died.

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Answered on 7/05/06, 2:26 pm


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