If you hold the property as joint tenants
, both of you will own the whole of the property.
With regard to property titled as tenants by the entirety or as joint tenants
with right of survivorship, when at least one of the co-owners qualifies for the homestead tax exemption, he or she is permitted the entire exemption amount.
They should consider buying as tenants in common rather than as joint tenants
need not be married or otherwise related, and any sort of property, real or personal, may be held in joint tenancy.
William Biggers and Linda Crook, brother and sister, inherited a piece of real property upon the death of their mother, taking the property as joint tenants
with right of survivorship.
In real estate owned by them as Joint Tenants
with another, whether the Joint Owner be their mother, father, sister, brother or spouse?
It should have a mouth-watering appeal to other clubs who might be considering taking Shelbourne in as joint tenants
now they are planning the sale of Tolka Park.
Serie A giants AC and Inter Milan became joint tenants
of the San Siro in the heart of Milan after the ground was constructed as one of Italy's six main stadia for the World Cup in 1990.
When one of the joint tenants
dies, the surviving joint tenant
will take the entire property.
One solution to this dilemma has been for couples to take title as joint tenants
with right of survivorship, but then have an acknowledgment--usually inside a trust or will--stating their intention that the property remain a community" asset, regardless of the form of title.
They own their home as joint tenants
, paying mortgage interest of $11,700 a year and real estate taxes of $3,000.
Many stock brokerage accounts are registered as joint tenants
with rights of survivorship.