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.