Common Contracts

1 similar Property Conversion Agreement contracts

Example. During 1942 the donor and his spouse partitioned certain real property held by them under community property laws. The real property then had a value of
Property Conversion Agreement • January 15th, 2020

$224,000. A portion of the property, then hav- ing a value of $160,000, was converted into the donor’s separate property, and the remaining portion, then having a value of $64,000, was converted into his spouse’s separate prop-