There is no half in a jointly owned house.
You cannot sell or mortgage a jointly owned house unless the other joint tenant(s) also sign.
Husband and wife almost always hold their house title as joint tenants.
Joint tenancy means when one passes away, the other one will automatically own the house.
Don't have to go throught probate.
There is a right of survivorship in joint tenancy.
You cannot sell or mortgage a jointly owned house unless the other joint tenant(s) also sign.
Husband and wife almost always hold their house title as joint tenants.
Joint tenancy means when one passes away, the other one will automatically own the house.
Don't have to go throught probate.
There is a right of survivorship in joint tenancy.
No comments:
Post a Comment