Sentences with phrase «also joint tenancy»

See also joint tenancy and tenancy by the entirety.

Not exact matches

Joint tenants wishing to transfer the joint tenancy property together (as one) may also use a quitclaim deed to dJoint tenants wishing to transfer the joint tenancy property together (as one) may also use a quitclaim deed to djoint tenancy property together (as one) may also use a quitclaim deed to do so.

Joint tenancy also comes with a right of survival.

Also worth noting that distributions to heirs at law, which is the formal name for people who take via intestacy statutes, are often inferior, at least in part, to the claims of creditors against your probate estate, although sometimes a family provision or «exempt property» or a joint tenancy or beneficiary designation, will have priority over a creditor's claims.

In California, the co-owner can assign their interest in real estate to another, without consent of the co-owner, and this converts the tenancy to a joint tenancy; this also happens if you use the property as collateral.

On the other hand, in respect to the real estate that was also put into joint names as joint tenancy because the husband indicated on the transfer of ownership to he and his wife that it was being done for «natural love and affection» (to avoid land transfer tax among other things) the wife retained her 50 % ownership interest of the real estate.

Joint ownership is commonly used in family situations, for example, most spouses own their principal residence in joint tenancy because it reflects the fact that they consider themselves to be a team - and also so it makes the administration of the estate of the first to die efficient and inexpenJoint ownership is commonly used in family situations, for example, most spouses own their principal residence in joint tenancy because it reflects the fact that they consider themselves to be a team - and also so it makes the administration of the estate of the first to die efficient and inexpenjoint tenancy because it reflects the fact that they consider themselves to be a team - and also so it makes the administration of the estate of the first to die efficient and inexpensive.