Thursday, September 9, 2010

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Titling of Property-Forms of Ownership	Tenancy by the Entirety
Common Forms of Property Ownership	Tenancy in Common
Sole Tenancy	Community Property
Joint Tenancy with Rights of Survivorship	Life Estates and Remainder Interests

Property Title Issues

Tenancy by the Entirety

This type of joint ownership has a survivorship feature, and can exist only between spouses. Neither spouse can restrict or dispose of the property without the other spouse’s permission.
Generally, one-half the value of a tenancy by the entirety is included in the estate of the first spouse to die.

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