A deed of trust is similar to a mortgage for real estate purchases. In some states, a trust deed unites the borrower, a lender and a trustee. The buyer/borrower gets the use of the property, and the ...
You and your spouse are buying a home. You negotiated the sale price and terms. You successfully survived the mortgage maze. You are almost ready for the day you will sign all the papers and the house ...
Question: We want to sell our house and downsize to a townhouse in central Phoenix. In organizing our paperwork with our listing broker, we learned that our deed said that we owned our home as "joint ...
Two weeks ago, we began our discussion about deeds. First, we talked about the different types of deeds and then deed ownership interests. We also have been discussing how a small change in the words ...
"How would you like to take title to your new home, Mr. and Mrs. Buyer?" the attorney or title closing settlement officer asks. Thinking fast, you wisely ask, "Well, how do most married couples take ...
Joint tenancy is a type of shared property ownership. In a joint tenancy agreement, two or more people share an equal amount of ownership in the home. There are no limits to who can own the property ...
Dear Mr. Azrael, I have a friend who is a senior citizen and she has her son on the deed of her home as a joint tenant.She lives in the house, pays the mortgage, the taxes, the insurance, the repairs, ...
The Tennessee Supreme Court recently ruled that “a joint tenancy with an express right of survivorship can be severed by the unilateral actions of one of the co-tenants.” Darryl F. Bryant, Sr. v.
Joint tenancy on a deed is a form of property ownership that enables two or more individuals to hold equal shares of a property, subject to specific rights and conditions. This kind of ownership is ...