Posted on: 06th Apr, 2007 10:57 pm
Married in 1/20/00, bought a house on 7/26/oo, loan in my, title in my name, I put all money down. She signed quitdeed over same month, because i had to file bankrucie, divorce 2007, not filed yet, is she en-titled to half because of Calif. community property law? And since she isn't on anything, when we sell house could I have them put all the money in my acct. with her thinking there putting half in her acct. ? And once they put in my acct. I could take off legally. since were not divorced?
Welcome Cratty,
If the quitclaim deed isn't filed yet, then it cannot be still considered as a being effective. So, your wife is currently entitled to half of the property share as per the community property laws.
If the quitclaim deed isn't filed yet, then it cannot be still considered as a being effective. So, your wife is currently entitled to half of the property share as per the community property laws.
Hi Cratty,
I am fully agreed with Adonis. Your wife has the share of half of the property. Since the property is the community property as per law. So, when you sell the house, you cannot put all the money in your account. Your wife has the legal right to half of the sale value of the house.
Thanks
I am fully agreed with Adonis. Your wife has the share of half of the property. Since the property is the community property as per law. So, when you sell the house, you cannot put all the money in your account. Your wife has the legal right to half of the sale value of the house.
Thanks