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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	How many step are there leading to the top of the Eiffel Tower in Paris, France?
A	Visitors who walk to the top must go up 1,792 steps.
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Julian Hardaker, REALTOR®, real estate agent and broker for Glenwood Springs, Carbondale and New Castle Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Julian Hardaker
RE/MAX Mountain West
0985 Hwy 133
Carbondale, CO 81623
Tel: 970 963 1940
Fax: 970 963 9163
Email: jhardaker@NUMBER1EXPERT.com
Julian's energy, integrity and genuine concern for his client’s best interests have quickly helped him to become one of our area's top producing young Realtors. His varied community and sporting endeavors bring him together with the diverse sections of our community. Along with the traditional personal approach to Real Estate, Julian leverages the power of the internet to give his clients an additional edge. He lives in Glenwood Springs with his wife Deborah,their baby Kate, their dog, and two cats. Part time Aspen Ski Instructor, avid golfer (graduate of the University of St.Andrews in Scotland) and fluent in Spanish and French, Julian brings a broad skill set to the table.

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NUMBER1EXPERT™ in real estate for Glenwood Springs, Carbondale and New Castle, Colorado, Golf Communities and Hablo Español, Spanish Speaking

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