Project Description

house with keys - real estate image FLAS

DISCLAIMER: This In Brief section offers a series of business, real estate, employment, estate planning and tax bulletins prepared by the attorneys at Fauver, Large, Archbald & Spray, LLP. This is not exhaustive, nor is it legal advice. You should discuss your particular situation with us or with your own attorney. Our legal representation is only undertaken through a written engagement letter and not by the distribution or use of this information.

Q: “In a real estate transaction, how should the title be held?”

The title in a real estate transaction is the document that identifies property owners.  This title can be held in multiple ways including Joint tenancy, Tenancy in common, Tenants by entirety, Sole ownership, and Community property. These vary depending on the situation and the personal preference of how the owner wants to handle the real estate transaction.

For more information, visit our Land Use and Real Estate Practice Area.