Annapolis, Bowie and Anne Arundel County real estate and homes for sale in Maryland - Jannie Meares, REALTOR® Jannie Meares REALTOR(r) for Annapolis, Bowie and Anne Arundel County, Maryland real estate - NUMBER1EXPERT™ Jannie Meares NUMBER1EXPERT(tm) for Annapolis, Bowie and Anne Arundel County, Maryland real estate

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Jannie Meares, REALTOR®, real estate agent and broker for Annapolis, Bowie and Anne Arundel County Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
Nearly every state has a mandate for seller disclosure. What must a seller disclose?

A 
The seller must disclose any existing problems, defects or conditions that could affect the value of the house.
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Jannie Meares, REALTOR®, real estate agent and broker for Annapolis, Bowie and Anne Arundel County Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Jannie Meares
RE/MAX LEADING EDGE

1360 MAIN CHAPEL WAY
GAMBRILLS, MD. 21054
Direct: 240-832-3305
Main: 410-721-9600
Cell: 240-832-3305
Fax: 410-741-3318
Email: janniemeares@NUMBER1EXPERT.com
Email: drmeares@hotmail.com

Jannie Meares CRS,ABR,NEW HOMES SPECIALISTS,LUXURY HOME SPECIALISTS,RE/MAX INTERNATION HALL OF FAME,PRESIDENT'S CLUB,100%CLUB is a licensed REALTOR in MARYLAND,WASHINGTON,DC AND VIRGINIA. Virginia. She has a long list of accomplishments and awards in the real estate industry. That is because she has lived in the Washington DC Metro area with her family for over 30 years and has acquired versatile and extensive knowledge of this unique and exciting market. She combines that understanding and training and tempers it with strong motivation to work closely with you to meet your specific needs, no matter where you desire to call home in the DC Metro area. Please contact Jannie today to get a jumpstart on finding your dream home!

CRS ABR CNHS wcr MLS


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