Forms of Holding Title to Real Estate | Ryan C. Young | Richmond, Virginia Real Estate Attorney
Forms of Real Estate Ownership Joint Tenancy With this kind of estate, the co-owners have what is referred to as a ‘right of survivorship.’ This means that if one of the owners dies, the surviving owner(s) will receive the deceased owner’s interest in said property by operation of law, thus avoiding probate. The deceased owner’s property will not be inherited...
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