Understanding the different types of ownership in real estate is essential for anyone buying, selling, or investing in property. The way a property is owned affects legal rights, tax implications, and ...
Joint tenancy is a way for two or more people to share ownership of a property. It’s a popular choice for couples, family members, or friends who want to ensure that their share of the property passes ...
Tenancy in common (TIC) is a type of property co-ownership in which each owner has a percentage stake in the entire building. Rather than a resident receiving an individual deed for their unit, they ...