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Pass California

Transfer of Property, 8% of the examination

Vesting

The manner in which a person or entity holds title to real property.

Vesting affects ownership shares, survivorship, transfer rights, creditor issues, probate, and tax consequences. Common forms include ownership in severalty, tenancy in common, joint tenancy, community property, community property with right of survivorship, trusts, and entity ownership.

See also

Joint tenancyCo-ownership in equal shares with right of survivorship, requiring the four unities of time, title, interest and possession.Tenancy in commonCo-ownership with no right of survivorship, permitting unequal shares.Community propertyProperty acquired by a married person during marriage other than by gift, bequest, devise or descent.

Test the distinction

A relevant question from Transfer of Property, selected because its facts or explanation use this concept.

Transfer of Property ยท 8%Types of Vesting

Property acquired by a married person during marriage using earnings is presumed to be what?

Written to DRE's published topic list. Not a real examination question, since reproducing those is a misdemeanor under B&P Code section 123.

Primary sources

Use these authorities when a course summary, forum answer, or older flashcard conflicts with the current California rule.

Where this is tested

Transfer of PropertyAll seven official DRE transfer topics in one California-specific guide, from title insurance and deeds to taxes, probate, recording, and vesting.8%Practice Transfer of Property24 questions on this area, every option explained.Practice

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