Palos Verdes Residents Property Vesting Choices

Palos Verdes Residents Property Vesting Choices

Enrose - front

Palos Verdes buyers know to contact their attorneys or accountants when purchasing a home to inquire on how title should be held.  Each homeowner is different and First American Title wants to remind buyers that title to real property in California may be held by individuals, either in Sole Ownership or in Co-ownership. Co-ownership of real property occurs when title is held by two or more persons. there are several variation as to how title may be held in each type of ownership. I will break down the examples of each:

Sole Ownership – may be described as ownership by an individuals or other entity capable of acquiring title. 1.Such as a single man or woman, an unmarried man or woman,or a widow or widower. 2. A married man or woman as his or her sole and separate property. 3. A domestic partner as his of her sole and separate property.

Co-Ownership – title to property owned by two or more persons may be invested in the following forms: 1. Community Property , 2. Community Property with Right of Survivorship, 3. Joint Tenancy, 4. Tenancy in Common

Other ways of vesting title include: 1. Trustees of a Trust.

Photo courtesy of the Muliple Listing Service.

 

Beautiful Redondo Beach Townhome Coming Soon!

Beautiful Redondo Beach Townhome Coming Soon!

Marshallfield - front

Come see my beautiful new listing at 2209 Marshallfield Lane #A, in Redondo Beach. Going on the market today, this exclusive quality home built in 2002 by AGAR HOMES, has a floor plan that is simply one of a kind. It has 4 bedrooms, 4 baths, and 2,895 square feet, sits on a 5,996 square foot lot and is listed for sale at $1,098,800.

This gorgeous townhome features Alder wood cabinets, ground floor bedrooms, large master suite with vaulted ceilings, gas fireplace and walk-in closet. The gourmet kitchen has granite counter tops, center island and breakfast bar. There is a spacious living room with fireplace. It also has a 2 car attached garage.

This majestic home has tremendous curb appeal. Located in a prime Redondo Beach area, this home is designed as an entertaining masterpiece w/top quality material.

Please stop by my Broker’s Open House on Thursday, May 18, 2017, from 12:00 p.m.to 2:00 p.m.  You can also attend this weekend’s Open Houses on Saturday & Sunday, May 20 & 21, 2017, from 1:00 p.m.to 4:00 p.m.

To view my virtual tour show click here.

Beautiful Palos Verdes Townhome!

Beautiful Palos Verdes Townhome!

37 Oaktree Lane, RHE - View

Located in the City of Rolling Hills Estates, my new listing is a beautifully remodeled townhouse with over 2,184 square feet of living space for only $899,000. This lovely home features sparkling city lights views and is located in the popular 24 hour guard gated community of “The Terraces”. Close to award winning Ridgecrest Junior High School, Peninsula High School and Peninsula shopping centers it is located on a private & quiet cul de sac. Upgrades include remodeled kitchen with granite counters, stainless steel appliances. All three remodeled baths, wood floors throughout, smooth ceilings with recessed lighting, crown mouldings and more. Spacious wooden deck off dining and breakfast room overlooking tennis courts.HOA amenities include Pools, Spas, Tennis Courts, Club House and Greenbelt.  Tax record shows this the property as a 3 bedroom, but currently has 2 bedrooms and a den, with a spacious master bedroom that includes his & hers walk in closets & sitting area.Tastefully remodeled master bathroom with granite counters, and remodeled downstairs guest bathroom. New recessed lighting in kitchen & master bath. It also includes an entry hall chandelier, dining room chandelier and a replaced wooden pation deck and new roof.  All remodeling was done within the last 10 years.

For more information about this property please visit www.tubasellspv.com.