Lake Havasu City real estate and homes for sale in Arizona - Cindi Butkus, REALTOR® Cindi Butkus REALTOR(r) for Lake Havasu City, Arizona real estate - NUMBER1EXPERT™ Cindi Butkus NUMBER1EXPERT(tm) for Lake Havasu City, Arizona real estate

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Cindi Butkus, REALTORŪ, real estate agent and broker for Lake Havasu City Arizona 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 
Where was the first hotel built in the US?

A 
The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink.
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Cindi Butkus, REALTORŪ, real estate agent and broker for Lake Havasu City Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Cindi Butkus
Selman & Associates

387 S Lake Havasu Ave Ste 101
Lake Havasu City, AZ. 86403
800-721-7962
928-680-4676
Fax: 928-855-0167
Email: Cindi@CindiButkus.com

Hi. I want to thank you for visiting my website.. I look forward to hearing from you and helping you with all of your Lake Havasu Real Estate needs...I am here to help in anyway I can...thanks again and Hava Great Day!!..cindi

ABR Equal Housing MLS REALTOR


Selman & Associates real estate and homes for sale in Lake Havasu City Arizona

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