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Latest Listings: Flower Mound, Plano and Frisco Texas home buying, real estate listings, and homes for sale in Denton and Collin County, TX

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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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Q	Which islands are considered the largest islands in the US?
A	The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles.
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The Rhodes Team, REALTOR®, real estate agents and broker for Flower Mound, Plano and Frisco Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Rhodes Team
Keller Williams
2601 Sagebrush #103 Flower Mound, TX 75028
18383 Preston Rd. #150 Dallas, TX 75252
Tel: 972-899-5600
Toll-free: 800-356-6659
Fax: 972-380-7971
Email: russellrhodes@NUMBER1EXPERT.com
Verna and Russell are a mother and son duo who have combined forces to provide superior services to their clients throughout Flower Mound, Lewisville, Coppell, Carrollton, Frisco, Plano, The Colony, Grapevine, Southlake, Argyle, Lantana, Double Oak, Highland Village, Corinth, Bedford, Euless, Corinth, Little Elm, Denton, Dallas, Trophy Club, Richardson, Allen and surrounding areas. They have over 30 years of combined experience and have sold over 2400 homes. Russell is dedicated to running the business in a way that pleases and brings honor to God. Their group, The Rhodes Team, is comprised of eleven licensed agents and two non-licensed members whose goal is to assist their clients with a servant’s heart. They are committed to providing first class service before, during and after the sale. They will be there when you need them. ALWAYS!

Allen, Argyle, Bedford, Carrollton, Coppell, Corinth, Dallas, Denton, Double Oak, Euless, Flower Mound, Frisco, Grapevine, Highland Village, Lantana, Lewisville, Little Elm, Plano, Richardson, Southlake, The Colony, and Trophy Club.

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