Family Code 2581

Woman hands a check to a man in front of a sold craftsman bungalow on a Santa Monica street at sunset

Kershman v. Kershman: Unequal Shares Despite a Joint Tenancy Deed

In Kershman v. Kershman, the California Court of Appeal held that co-owners on a joint tenancy deed can own unequal shares if they agreed their shares would follow what each paid, and that a co-owner’s debts come out of his share of the sale proceeds, not his ownership percentage, so he keeps his share of the appreciation.