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Mark Brandwine and Company, REALTOR®, real estate agents and broker for Dunwoody, Atlanta-Morningside and Atlanta-Virginia Highlands Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Tips
Titles >Joint Tenancy

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.

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Real Estate Trivia
Q 
What was the greatest land grant ever given to an English subject?

A 
William Penn arrived in October, 1682, to take over his enormous grant that later became Pennsylvania and Delaware.
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Mark Brandwine and Company, REALTOR®, real estate agents and broker for Dunwoody, Atlanta-Morningside and Atlanta-Virginia Highlands Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Mark Brandwine & Co., Inc.
RE/MAX Executives, Inc.

2260 North Druid Hills Road
Atlanta, GA. 30329
Phone: 404-235-8950
Fax: 404-636-0617
Email: markbrandwine@NUMBER1EXPERT.com

After graduating from Michigan State University, Mark obtained his CPA. He soon discovered his passion for real estate and decided to change his career path. Now, with over 17 years of experience he still loves helping families buy and sell homes. Year after year, Mark Brandwine & Co. ranks among the Top 25 in Re/Max of Georgia. Mark & his support team provide unparalleled customer service and professionalism in every real estate transaction and consistently exceed his client's expectations.

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RE/MAX Executives, Inc. real estate and homes for sale in Dunwoody, Atlanta-Morningside and Atlanta-Virginia Highlands Georgia
   

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