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Sandy Pattock-Beeler and Team, REALTOR®, real estate agents and broker for Plymouth, Canton and Northville Michigan 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 architectural detail made its way into the design of many suburban homes built in the 1950s, 60s and 70s?

A 
The picture window was a signature of the suburban American neighborhood.
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Sandy Pattock-Beeler and Team, REALTOR®, real estate agents and broker for Plymouth, Canton and Northville Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Sandy Pattock-Beeler and Team
Coldwell Banker Preferred Realtors

44644 Ann Arbor Rd.
Plymouth, MI 48170
Direct Line: 734-416-0134
Fax: 734-454-4517
Email: SandyPattockBeeler@yahoo.com

Sandy Pattock-Beeler and Team have become the Realtors of choice in the Canton, Plymouth and Northville real estate markets for one reason, they provide each and every client an unparalleled commitment to the highest level of Personalized Service, Loyalty, and Professionalism. Sandy Pattock-Beeler and Team continually strive to exceed your expectations, making your real estate transaction a pleasureable and stress free experience, whether you’re Buying, Selling or Relocating. Sandy is the recipient of Coldwell Banker’s “International President Premier” the highest possible award for a sales associate, ranking in the top 1/2% out of 120,000 agents worldwide, and consistently achieves the #1 agent honor at Coldwell Banker Preferred Realtors. Sandy Pattock-Beeler and Team specialize in residential resale and new construction working hand in hand with local builders and developers. Call Sandy Pattock-Beeler and Team for all of your Buying, Selling or Relocation needs. We also provide leasing and rental management assistance.

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