Splitting Heirs: Partition of Real Property Act

November 22, 2023

CEB Webinar Recording

Downey Brand partner Kristin Capritto is recording a CEB presentation, “Splitting Heirs: Partition of Real Property Act,” on Wednesday, November 22, 2023.

Course Description

With the passage of AB 2245 (effective 1/1/2023 and replacing the UPHPA), the Partition of Real Property Act (PRPA) broadens the application of partition for co-property owners.  Join Kristin Capritto from Downey Brand for insight into estate planning and administration considerations under the PRPA and a look at best strategies and planning techniques to address potential partition issues.  This program is intended for experienced T&E and real estate practitioners.

Discussion includes:

  1. Impact of the change on tenants in common
  2. Extension of statute to non-heir co-owners of real estate
  3. Avoiding forced sales and ownership disputes
  4. Tax considerations
  5. Strategies to protect client interests

Visit the CEB website to access the recorded presentation.

Here is a link to the PowerPoint slides.