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Real Estate Tips
Titles >Joint Tenancy

When two or more individuals own property together, each one owning an equal interest and having equal rights in the property including the rights of survivorship, it is referred to as joint tenancy. Any of the joint tenants may transfer his or her interest in the property to another party, but this dissolves the joint tenancy and creates a tenants-in-common interest with respect to the other parties whose names are on the title.

The most important feature of joint tenancy is the right of survivorship. A joint tenant cannot will his or her interest in the property to others. The surviving joint tenant (or tenants) simply becomes the owner or owners of the property without going through the probate process, which can involve expensive legal fees and may take months to resolve.

It is important to get professional advice when you plan to buy and hold title to real estate with another person.

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Real Estate Trivia
Q 
What was the first land designated by the US government as a National Park?

A 
Yellowstone was established "as a public park or pleasuring ground for the benefit and enjoyment of people" in March 1872.
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Lucy & Bill Rudolph, REALTORŪ, real estate agent and broker for Brentwood, Nashville, Williamson County, and Franklin Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Lucy & Bill Rudolph and Lisa Rudolph Turner
Prudential Woodmont Realty

5107 Maryland Way Suite 100
Brentwood, TN. 37027
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Business Office: 615-377-1310
Lucy's Digital: 615-973-3037
Bill's Digital: 615-838-4724
Fax: 615-376-3521
Broker's Office: 615-661-7800
Email: reindeerteam@NUMBER1EXPERT.com

Lucy and Bill Rudolph's team, the "Reindeer Team", are two of America's NUMBER1 Real Estate EXPERTS in Brentwood, Nashville, Franklin and Williamson County. They are well equipped to guide you thorough all your real estate needs. If you are planning to buy, sell, or buy and sell a home, in Middle Tennessee or are thinking about it, give them the opportunity to show you how their services will benefit you. With a combined total of 27 years experience in real estate industry, this team is well seasoned, honed and organized to get your home bought or sold in a very professional manner. Lucy and Bill have lived in Brentwood for 37 years and know the areas they concentrate in very well. They have deep roots there, having reared a family, made lots of friends and know a lot of people. You can count on their being solid, dependable, honest and trustworthy. Call or email them today!!!

CRS Equal Housing GRI MLS REALTOR


  Prudential Woodmont Realty real estate and homes for sale in Brentwood, Nashville, Williamson County, and Franklin Tennessee

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