Find a lawyer to help you answer your legal questions.

  • My Legal Briefcase

    What does joint tenants and tenants in common mean?
    Notice: Undefined property: stdClass::$post_date in /var/www/webapp/ui/mlb_faq.php on line 96

    When you take title to a property you must provide your full names and dates of birth as well as the manner in which you wish to take title to the property. You may take title in two ways: as joint tenants or as tenants in common. The main difference is that joint tenants have the right of survivorship while tenants in common do not. If a property is taken in more than one name, as joint tenants, and one of the registered owners dies, the property will revert to the remaining named joint tenant by right of survivorship. If the property is held as tenants in common, upon the death of a registered owner, that owner's share in the property reverts to the deceased owner's estate, which will share ownership with the remaining registered owner as a tenant in common.

    Disclaimer: Content on this website is provided for informational purposes only and does not constitute a legal advice.

Document Banner