The ‘joint tenancy’ property differences


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...

An online subscription is required to view news content on this website.

To continue reading please enter your username and password below. Not a subscriber? Please click here to order a subscription. Existing print subscribers receive free access to the online edition; current subscribers please click here to request your free access.