Question

Christina is planning on getting married in the next year. She is a very successful business owner and is planning on buying some vacation property on the coast. She asks her agent, Martina, for advice on how she should take title to this new property. Should she hold the title alone, or jointly with her fiance? How should Martina advise?

a.Martina should advise Christina to protect her future assets and hold title separately due to California’s community property laws.
b.Martina should simply tell Christina to consult her attorney on this matter.
c.Martina could discuss with Christina what she knows in reference to California community property laws. She should not offer any advice on this subject except to consult an attorney to obtain legal counsel.
d.None of the Above.

Answer 1

Martina should discuss with Christina what she knows in reference to how title can be vested but give no advice except to consult an attorney for advice.

Step-by-step explanation:

Christina is planning to buy a property and wants to know if it will be better for her to hold the title or do so jointly with her fiance.

The best thing Martina should do is to find out if Christina has knowledge of vesting of property title, and refer her to an attorney for advise.

Martina is not a legal expert so her advice may be one that will result in wrong outcome.