Sentences with phrase «retained joint ownership»

He never divorced his wife, and he retained joint ownership of the property with her.

The Court in Bindra explained its decision to do nothing with regards to the property in India as a «Catch 22 situation»: To grant her judgment against the Husband in Canada and still allow her to retain joint ownership of the Property in India would not be appropriate.

HomeServices is the majority owner of HSF Affiliates, with Brookfield Asset Management retaining joint ownership.

Not exact matches

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.

The current sponsor, a joint venture between Highgate Hotels and real estate private equity firm Rockpoint Group, will retain the remaining 65 percent ownership interest in the hotel and retail.

In the joint - venture deals, they typically retain an ownership stake.

As for how the «gift» of real estate is structured, some parents buy it as a gift for their children and take advantage of tax gift exclusions, others buy it as an investment property and retain ownership, and some are buying it through a family trust or joint ownership.

Capital Gains Exemption: Retain current law of exempting gains of up to $ 250,000 for single filers and $ 500,000 for joint filers for primary residence lived in for two of the past five years of ownership.