Concurrent Estates

Concurrent Estates 

When two or more people hold a simultaneous present / future interest in the same piece of property.

  • Example : Judy and Tom got married in April.  In June, they both purchased a house together as Tenants By The Entirety.
  • Example : Andrea and her best friend purchased a house together as Tenants In Common.
  • Example : Gabe and James got engaged in March.  In April, they purchased a house together as Joint Tenants.
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