|
Being Cedar Rapid's Listing and Selling Expert since 1993 by exceptional care and service. Kindly call me at: 319-350-7653(SOLD).
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
Heather Morris Realty Consulting
are some of The Top Selling Real Estate Experts™
Find Out More > |
|
|
|
Fixed Mortgage Loan Calculator
Enter the loan information to quickly calculate how much your monthly and total payments will be with this calculator provided by Homes.com.
|
When two or more individuals own property together, each one owning an equal interest and having equal rights in the property including the rights of survivorship, it is referred to as joint tenancy. Any of the joint tenants may transfer his or her interest in the property to another party, but this dissolves the joint tenancy and creates a tenants-in-common interest with respect to the other parties whose names are on the title.
The most important feature of joint tenancy is the right of survivorship. A joint tenant cannot will his or her interest in the property to others. The surviving joint tenant (or tenants) simply becomes the owner or owners of the property without going through the probate process, which can involve expensive legal fees and may take months to resolve.
It is important to get professional advice when you plan to buy and hold title to real estate with another person.
|
 |
| Q |
Where is the world's largest bridge located?
|
| A |
Lake Pontchartrain Causeway at New Orleans, Louisiana is the world's largest bridge. It is almost 24 miles long. |
 See More Real Estate Trivia > |
|
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERTS™ 
