|
|
|
|
 |
 |
 |
|
Welcome > Register
First ...

|
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.
|
 |
| Q |
What makes the structure of the Hoover Dam unusual?
|
| A |
The Hoover Dam was built to last 2,000 years, and is constructed of concrete that will not be fully cured for another 500 years. |
See More Real Estate Trivia > |
|

|
Stewart J Lowe RE/MAX Real Estate Central #206, 2411 - 4th Street NW Calgary, AB T2M 2Z8 Cell: 403-850-0669 Fax: 403-547-5195 Office pager 24/7: 403-216-1600 StewartJLowe@shaw.ca
Remax Real Estate Central is the Number One Remax in the World based on closed transactions. Stewart J Lowe is a 2009 Top Producer, and member of Remax Western Canada 100% Club based on sales and service, and the Executive and Chairmans clubs.
Quote from Stewart J Lowe
"I want to be the real estate professional that really helps you, and keeps
you in total communication. We like to work with a limited number of clients, individually taking the time to understand their lifestyle and their
individual needs. Buying High End Real Estate with us as your team will be an enjoyable experience" 
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
|
 |
 |
 |
|