New Home Buyers Hot Tips Part 28: Types of Real Estate Property Ownership:

New Home Buyers Hot Tips:

Part 28: Types of Real Estate Property Ownership:

O.) Tenants in common are another form of ownership. This is where you stipulate your share of the property with one or more others. If you die, your share of the property becomes part of your estate and then dispersed to who you have named in your will. This is a good type of partnership where one person has a larger deposit than the other person to buy the property.