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.