“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 ...
When it comes to sharing ownership of a property with others, two frequently used options are joint tenancy and tenancy in common. While there are many similarities between the two, it’s important to ...
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 ...
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 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 ...
Predictability that joint owners/tenants need today: This spring, the Tennessee Supreme Court ruled that joint property owners can eliminate the survivorship rights of jointly held property, changing ...
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 ...
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 ...
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 ...
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 ...
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