Tag: tenancy by the entirety
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Sharing the Deed: What Concurrent Ownership Means
When more than one person holds a deed to the same property at the same time, they hold concurrent ownership. There’s another legal term for what they have. That’s “unity” in the ownership. In law school, students learn how people may own the same property at the same time in various ways: Unity of title.…
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Understanding Tenancy by the Entirety
Tenancy by the entirety is one way to vest a deed. It designates shared ownership of property. In the states that allow it, a tenancy by the entirety is a protective way for married couples to co-own a home. So, if you’re acquiring a deed as spouses or legal life partners, holding property as tenants…
