Ownership Form

Method of owning real estate, which affects income tax, estate tax, continuity, liability, survivorship, transferability, disposition at death and at bankruptcy. Ownership forms include: corporation; joint tenancy; limited partnership; partnership; Subchapter S corporation; limited liability company; limited liability partnership; tenancy by the entireties; tenancy in common; and tenancy in severalty.

Methods of owning Real Estate which affect Income tax,Estate Tax continuity, Liability, Survivorship transferability, disposition at death and at Bankruptcy.
Examples: Ownership forms include:

• Community Property

• Corporation

• joint tenancy

• Limited Liability Corporation

• Limited Liability Partnership

• limited partnership

• partnership

• real estate investment trust

• subchapter s corporation

• tenancy by the entireties

• tenancy in common

• tenancy in severalty