Sentences with phrase «took joint ownership»

Last year, HMV (LSE: HMV) Group took joint ownership of aNobii, a soon - to - relaunch digital books discovery and retail service backed by publishers.

Not exact matches

A123's Forcier took that to mean a foreign company must enter a joint venture with a Chinese firm, and that the firm has to have substantial ownership of the intellectual property.

Audi is not often thought of as a styling leader, despite having built exceptionally nice - looking and aerodynamically effective sedans for a very long time now, essentially since VW took over full control from the joint ownership arrangement with Mercedes.

Joint ownership offers numerous benefits, but there are underlying issues to take into account.

In some instances of joint ownership, however, a deed is unnecessary, as the surviving spouse will automatically take full title to the property immediately upon the deceased spouse's death.

Perhaps you should also take into account that you both will probably sign for the HELOC, (due to the joint ownership of the house,) so, you are also eligible for the tax deduction, as long as you also have some investments.

You might also become co-owners, in which case you would probably take ownership as joint tenants, whereby your right of ownership passes to the surviving co-owner.

No, you need to use a Survivorship Deed to transfer rights of survivorship, where the parties will hold the property as joint tenants, with the survivor taking a fee simple interest (complete ownership) in the property upon the death of the other party.

The textbooks tell us that ownership in a property can take a number of forms, such as sole ownership, joint ownership, communal property or leasehold.

Vesting 101 A presentation on the basics of vesting and explanation of different methods of taking title such as Sole Ownership, Tenancy by the Entirety, Joint Tenants with Rights of Survivorship, and Tenancy in Common and proper parties to contracts and types of typical deeds.

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.