The ‘joint tenancy’ property differences

MARIPOSA COUNTY, ESQ.

Anita Starchman-BryantCharacteristics of holding real property in “Joint Tenancy”
How you own real property with another person can determine what happens to that real property should one of you die. Property held in “joint tenancy” transfers automatically to the surviving joint tenant(s) upon the moment a joint tenant dies.
This right of survivorship means that those owners who survive the deceased owner have a right to own the deceased owner’s share of the real property.
Property held in “joi...

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