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 ...
Property ownership comes in many different forms. Instead of being a direct owner, there are structures that allow several owners, like tenants in common in a tenancy in common (TIC) arrangement, to ...
A chapter 7 trustee proposed to sell real and personal property that was owned by the chapter 7 debtors as joint tenants with parents of one of the debtors as of the beginning of the bankruptcy case.
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 ...
Question: We want to sell our house and downsize to a townhouse in central Phoenix. In organizing our paperwork with our listing broker, we learned that our deed said that we owned our home as "joint ...
Joint tenancy is a way for two or more people to share ownership of a property. It’s a popular choice for couples, family members, or friends who want to ensure that their share of the property passes ...
A partner and I are buying an investment property together, and the title company has asked how we want to hold title together. They have told us that we can hold title as tenants in common or as ...
When it comes to sharing property with another person, there are a few different forms of legal ownership to choose from. Of these, two common shared estate ownership options include joint tenancy and ...
In a recent decision handed down by the Pennsylvania Supreme Court in Grant v. Grant, the court dealt with the effect of a self-conveyance of real property where a mother sought to sever a joint ...
In 'Jimenez v. Jimenez,' the NJ Appellate Division held, for the first time, that New Jersey law prohibits the forced partition and sale of real property owned as tenants by the entirety to satisfy a ...
As parents age, families sometimes struggle with how to best keep their parents’ financial affairs in order. One common approach is for aging parents to put one or more of their children on their ...
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