With tenancy in common, two or more persons hold title to real estate jointly, with equal rights to enjoy the property during their lives. Unlike joint tenancy, tenants in common hold title individually for their respective part of the property and can dispose of or encumber it at will. Ownership can be willed to other parties, and in the event of death, ownership will transfer to that owner’s heirs undivided.
Advantage
Tenancy in common allows for one owner to use the wealth created by their portion of the property as collateral for financial transactions, and creditors can place liens only against one owner’s particular portion of the property.
Disadvantage
Any liens on the property must be cleared in order for a total transfer of ownership to take place.
Pris: $18,000 / MONTH
Område: 2300ft
Typ: Real Estate
Sovrum: 3
Badrum: 3
Garage: 2
Status: För uthyrning
Affär: 10 km
Skola: 5 minutes
Universitet: 5 km
Flygplats: 20 km
Stadskärna: 10 minutes
Sjukhus: 2 km
CPT-stopp: 1 km
Fastighets ID: 1000
Tillgänglig Från: 2000
Byggnadsår: 2010
Exteriört Material: Exterior Material
Struktur Typ: Structure Type
AC: AC
Tunnland: Acres
Sovrums Funktioner: Bedroom Features
Korsade Gator: Cross Streets
Matplats: Dining Area
Tillgänglighet för Funktionshindrade: Disability Access
Inträdesplats: Entry Location
Exteriör Konstruktion: Exterior Cnstruction
Fireplace Fuel: Fireplace Fuel
Öppen Spis Plats: Fireplace Location
Legal Beskrivning: Legal Desc
Partibeskrivning: Lot Description
Storleks Källa: Lot Size Source
Övrigt Interiör: Misc Interior
Avlopp: Sewer
Källa till m²: Source Of Sqft
Regler: Terms
Visa Beskrivning: View Desc