Ways to Hold Title – Escrow

Ways to Hold Title in California
In California, real property ownership is mainly divided into sole ownership and co-ownership, with several variations in each. Understanding these options is important when deciding how to take title to your property. Below are the seven most common ways:
Sole Ownership

1. Single Man or Woman
   An individual who is not legally married.

2. Unmarried Man or Woman
   A person who was previously married and is now legally divorced.

3. Married Man or Woman as Sole and Separate Property
   A married individual who wishes to own property separately from their spouse. This requires the spouse's consent via a Quit Claim Deed or similar document to relinquish any rights or interest in the property.

 
Co-Ownership

1. Joint Tenancy
   Ownership by two or more people in equal shares. A defining feature is the right of survivorship — when one owner passes, their share automatically transfers to the surviving owner(s), bypassing probate.

2. Tenancy in Common
   Co-owners hold undivided interests that do not have to be equal. There is no right of survivorship; each owner’s share passes to their heirs upon death.

3. Community Property
   Property acquired by a married couple during marriage is presumed to be community property. Each spouse can will away their one-half interest, or the entire property passes to the surviving spouse without a will.

4. Community Property with Right of Survivorship
   A special form where property passes directly to the surviving spouse without probate, if specifically declared in the transfer document.

At California Diamond Escrow, we’re here to help you understand and choose the best way to hold title — making your transaction smooth and informed.