What is the difference between a joint tenancy and a tenancy in common?

Julian Thompson | 2023-05-07 23:44:00 | page views:1700
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Charlotte Hughes

Studied at the University of São Paulo, Lives in São Paulo, Brazil.
One of the main differences between the two types of shared ownership is what happens to the property when one of the owners dies. When a property is owned by joint tenants with survivorship, the interest of a deceased owner automatically gets transferred to the remaining surviving owners.
2023-05-12 23:44:00

Zoe Wilson

QuesHub.com delivers expert answers and knowledge to you.
One of the main differences between the two types of shared ownership is what happens to the property when one of the owners dies. When a property is owned by joint tenants with survivorship, the interest of a deceased owner automatically gets transferred to the remaining surviving owners.
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