“Title” is evidence of ownership. As pertains to real estate, title relates to the ownership of land and/or the more-or-less “permanent” improvements, such as a home or other building, upon it. Title ...
How long – if ever – has it been since you pondered the difference between a “tenancy in common” and a “joint tenancy”? Same for us, until the wheels came off a family relationship and a lawsuit was ...
Josh Patoka has been a personal finance writer since 2015. He uses his professional and personal experience to help families save money and pay off debt faster. In addition to Forbes, his bylines have ...
Joint tenancy is a type of shared property ownership. In a joint tenancy agreement, two or more people share an equal amount of ownership in the home. There are no limits to who can own the property ...
Q: My wife and I purchased a home over 40 years ago. The original deed is titled as John Smith and Sally Smith. This defaults to tenants in common in Georgia. Sally is my wife of over 50 years. We are ...
Joint tenancy on a deed is a form of property ownership that enables two or more individuals to hold equal shares of a property, subject to specific rights and conditions. This kind of ownership is ...
Q: You’ve written about married couples owning real estate as husband and wife and not as joint tenants. Isn’t that the same thing? Why is it better to own real estate as husband and wife and not ...
Partition is the act of splitting. Think Moses and the Red Sea, dividing into parts. Partition in the legal context involves the dividing of lands held by joint tenants, or tenants in common, into ...
Sharing ownership of a property with another person (or persons) can be legally established in a number of different ways. One possible legal arrangement is through tenancy in common, which allows you ...
I have often cited issues relating to holding real property as tenants-in-common as it relates to the probate process. As you may recall from my previous writings on this topic, when one or more ...
I’ve journeyed through freehold estates, strata condos, leaseholds, co-operatives, co-ownership (joint tenancy and tenants-in-common) and, in my last column, I dived into life estates and specialized ...