Joint Tenancy

Joint Tenancy

Two parties each hold an undivided possessory interest in real property with a right of survivorship such that when one dies, his or her interest passes to the surviving party.

  • Example : Vanessa and Nicole got engaged and purchased a home, taking title as Joint Tenants. ¬†Nicole passed away three months later and Vanessa became the sole owner of the property.
  • 631.285.7000
  • info@gulottagulotta.com
  • 2459 Ocean Avenue, Suite #A, Ronkonkoma, NY 11779