The Advantages and Limitations of How You Should Take Title to Real Property Title to real property in California may be held by individuals, either Ownership or Co-ownership. Co-Ownership of real property occurs when title is held by two or more persons. There are several variations as to how title may be held in each type of ownership. The following brief summaries reference some of the more common examples of Sole Ownership and Co-Ownership.

Sole Ownership



A Single Man/Woman A man or woman who is not legally married. Example: John Doe, a single man


An Unmarried Man/Woman A man or woman, who having been married is legally divorced. Example: Joe Doe, an unmarried man. 


A Married Man/Woman, as His/Her Sole and Separate Property

When a married man or woman wishes to acquire title in his or her name alone, the spouse must consent, by quit claim deed or otherwise, to transfer thereby relinquishing all right, title and interest in the property. Example: John Doe, a married man, as his sole and separate property



Community Property The California Civil Code defines community property as property acquired by husband and wife, or by either. Real property conveyed to a married man or woman is presumed to be community property, unless otherwise stated. Under community property, both spouses have the right to dispose of one half of the community property. If a spouse does not exercise his/her right to dispose of onehalf to someone other than his/her spouse, then the one-half will go to the surviving spouse without administration. If a spouse exercises his/her right to dispose of one-half, that half is subject to administration in the estate. Example: John Doe and Mary Doe, husband and wife, as community property.

Example: John Doe and Mary Doe, husband and wife. Example: John Doe, a married man.



Joint Tenancy 

A joint tenancy estate is defined in the Civil Cod e as follows: "A joint interest is one owned by two or more persons in equal shares, by a title created by a single will or transfer, when expressly declared in the will or transfer, to be a joint tenancy." A chief characteristic of joint tenancy property is the right of survivor ship. When a joint tenant dies, title to the property immediately vests in the surviving joint tenants). As a consequence, joint tenancy proper Example: John Doe and Mary Doe, husband and wife, as joint tenants.


Tenancy in Common 

Under tenancy in common, the co-owners own undivided interests, but unlike joint tenancy, these interests need not be equal in quantity or duration, and may arise at different times, There is no right of survivor ship times. There is no right of survivor ship; each tenant owns an interest which, on his or her death, vests in his or her heirs or devisers. Example: John Doe, a single man, as to an undivided 3/4 the interest, and George Smith, a single man, as to an undivided 1/4 the interest; as tenants in common.



Title to real property in California may be held in a title holding trust. The trust holds legal and equitable title to the real estate. The trustee holds title for the trustor/beneficiary who retains all of the management rights and responsibilities.


Community Property with Right of Survivorship 

Community Property of a husband and wife, when expressly declared in the transfer document to be community property with the right of survivor ship, and which may be accepted in writing on the face of the document by a statement signed or initialed by the grantees, shall, upon the death of one of the spouses, pass to the survivor, without administration, subject to the same procedures as property held in joint tenancy. 

The preceding summaries are a few of the more common ways to take title to real property in California and are provided for informational purposes only. for a more comprehensive understanding of the legal and tax consequences, appropriate consultation is recommended. There are significant tax and legal consequences on how you hold title. We strongly suggest contacting an attorney and /or CPA for specific advice on how you should actually vest your title.



Concurrent Co-Ownership Interests


The comparison below is provided for information only. It should not be used to determine how you hold title. We strongly recommend that you seek professional counsel from an attorney and/or CPA to determine the legal and tax consequences of how title is vested.



California's Title & Escrow experts!


Download our California

 Buyers Guide

Download our California

Sellers Guide

 An escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a specific condition or event. It is an independent neutral account by which the interests of all parties to the transaction are protected.


When opening an escrow, the buyer and seller of a piece of property establish terms and conditions for the transfer of ownership of that property. These terms and conditions are given to a third, impartial party known as the escrow holder. The escrow holder has the responsibility of seeing that the terms are carried out.

The escrow is a "storehouse" for all monies, instructions and documents necessary for the sale of your home. This includes the buyer providing funds for a down payment, and the seller depositing the deed and any other necessary papers.



is an 



The purchase of a home is most likely one of the most expensive and important purchases you will ever make. You, and your mortgage lender, want to make sure that the property is indeed yours - lock, stock and barrel - and that no individual or government entity has any right, lien, claim to your property.  The purpose of title insurance is to eliminate risks and prevent losses caused by defects in title that happened in the past. Risks are examined and mitigated before property changes hands.   

Why Do You Need Title Insurance?


© 2016 Consumer's Title Company and/or its affiliates. All rights reserved. Consumer's Title Company makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions.


Visit the APP store to download our CTC iphone APP and follow us on twitter and face book for the latest Industry news.

Title & Escrow Services in ALL 58 COUNTIES - We have California covered!