answersLogoWhite
Credit and Debit Cards

Is Louisiana a Tenancy By The Entirety state?

495051

Top Answer
User Avatar
Wiki User
2006-07-19 12:23:15
2006-07-19 12:23:15

States that allow couples to own property through "tenancy by the entirety," a type of joint ownership that offers protection form creditors. States that allow tenancy by entirety: Alaska Arkansas Delaware District of Columbia Florida Hawaii Maryland Massachusetts Mississippi Missouri New Jersey Mississippi Oklahoma Pennsylvania Rhode Island Tennessee Vermont Virginia Tennessee Wyoming States that allow tenancy by entirety for real estate only: Illinois Indiana Kentucky Michigan New York North Carolina Oregon * No, Louisiana is a community property state. FYI, Holding any property as TBE is only available to married couples.

1

Related Questions

User Avatar

No. TBE does not apply in Louisiana as the state is a community property state.

User Avatar

Yes. Tenancy by the entirety is available for married people in Missouri.

User Avatar

Yes, NC is a tenancy by the entireties state.

User Avatar

Alabama does not recognize Tenancy by the Entireties ownership

User Avatar

No it is community property

User Avatar

Yes. Indiana Code 32-17-3, et.seq., contemplates tenancy by the entirety for married couples, and the tenancy is supported in case law.

User Avatar

Montana does not recognize tenancy by the entirety.

User Avatar

No. Tenancy by the entirety is a form of ownership reserved for legally married people. A deed to a wife and husband that is silent as to the intended tenancy is assumed to create a tenancy by the entirety in Indiana. However, it is always preferred to recite the tenancy on the deed.No. Tenancy by the entirety is a form of ownership reserved for legally married people. A deed to a wife and husband that is silent as to the intended tenancy is assumed to create a tenancy by the entirety in Indiana. However, it is always preferred to recite the tenancy on the deed.No. Tenancy by the entirety is a form of ownership reserved for legally married people. A deed to a wife and husband that is silent as to the intended tenancy is assumed to create a tenancy by the entirety in Indiana. However, it is always preferred to recite the tenancy on the deed.No. Tenancy by the entirety is a form of ownership reserved for legally married people. A deed to a wife and husband that is silent as to the intended tenancy is assumed to create a tenancy by the entirety in Indiana. However, it is always preferred to recite the tenancy on the deed.

User Avatar

Yes. The tenancy by the entirety was created in Illinois in 1990. See this article for more information: http://cmetro.ctic.com/TitleIssues/v1n7.pdf The tenancy by the entirety statute is found at Section 1c under the Illinois Joint Tenancy Act found at 765 ILCS 1005/1.

User Avatar

A tenancy by the entirety requires that the owners be legally married.

User Avatar

If the owners become legally married, their title can be converted to a tenancy by the entirety if that tenancy is permitted by state law. The parties should consult with an attorney who specializes in real estate law to make certain the change is made correctly and effectively under state law.

User Avatar

Minnesota does not recognize tenancy by the entirety. It does recognize joint tenancy with the right of survivorship but it must be recited in the deed.

User Avatar

Yes. Tenancy by the entirety is recognized in Utah. See related link.

User Avatar

No, it is illegal in SC. No, it is illegal in SC.

User Avatar

That is but one of the legal methods by which property may be owned.

User Avatar

Georgia does not recognize tenancy by the entirety. The closest equivalent in Georgia is joint tenancy with right of survivorship.

User Avatar

Yes. Tenancy by the entirety is reserved for legally married couples.

User Avatar

Tenancy in common; joint tenancy; tenancy by the entirety; tenancy in partnership; life tenancy.

User Avatar

It does not void the deed in its entirety. A divorce voids the survivorship factor in a tenancy by the entirety because only married people can hold property as TBE. In most states the TBE would default to a tenancy in common but state laws vary and you would need to check your state laws. It does not void survivorship in a joint tenancy with the right of survivorship since unmarried people can hold property as JTWROS.It does not void the deed in its entirety. A divorce voids the survivorship factor in a tenancy by the entirety because only married people can hold property as TBE. In most states the TBE would default to a tenancy in common but state laws vary and you would need to check your state laws. It does not void survivorship in a joint tenancy with the right of survivorship since unmarried people can hold property as JTWROS.It does not void the deed in its entirety. A divorce voids the survivorship factor in a tenancy by the entirety because only married people can hold property as TBE. In most states the TBE would default to a tenancy in common but state laws vary and you would need to check your state laws. It does not void survivorship in a joint tenancy with the right of survivorship since unmarried people can hold property as JTWROS.It does not void the deed in its entirety. A divorce voids the survivorship factor in a tenancy by the entirety because only married people can hold property as TBE. In most states the TBE would default to a tenancy in common but state laws vary and you would need to check your state laws. It does not void survivorship in a joint tenancy with the right of survivorship since unmarried people can hold property as JTWROS.

User Avatar

You need to provide more details. Tenancy by the entirety is reserved for married couples. Four "partners" cannot be tenants by the entirety. You need to describe exactly how the tenancy is recited in the deed.

User Avatar

Yes, as long as the property is not held as tenants by the entirety: a tenancy reserved for married couples.Yes, as long as the property is not held as tenants by the entirety: a tenancy reserved for married couples.Yes, as long as the property is not held as tenants by the entirety: a tenancy reserved for married couples.Yes, as long as the property is not held as tenants by the entirety: a tenancy reserved for married couples.

User Avatar

Florida does not recognize same sex marriage. Tenancy by the entirety is reserved for legally married couples who own real property. So, the answer would be no on this one.

User Avatar

No, it is a community property state. Tenancy By The Entirety is reserved for married couples only. In a CP state all property acquired during the marriage is considered to be equally owned by both spouses, and in most cases all debts incurred during the marriage are considered to be the equal responsibility of both spouses.

User Avatar

There are four forms of co-ownership for property. If you are planning on purchasing a home or inherited property with another, the property is owned as a tenancy in common, a joint tenancy, through community property or tenancy by the entirety. Tenancy by entirety is specific to married couples.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.