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What happens when one person in joint tenancy deeds his portion to another person?
Wiki User
∙ 12y ago
A conveyance by one joint tenant breaks the survivorship tenancy and the property is held as tenants in common.
Wiki User
∙ 14y ago
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What happens if one of the joint tenants quitclaimed his interest to another person?
In that case the joint tenancy is dissolved and the new half-owner is a tenant in common along with the remaining original owner.
Does a life tenancy form part of the estate of the person who granted it?
No. A life tenancy is granted by the owner of property to another person. For the duration of the life tenant's natural life they have the right to the use and possession of the property covered by the life estate.No. A life tenancy is granted by the owner of property to another person. For the duration of the life tenant's natural life they have the right to the use and possession of the property covered by the life estate.No. A life tenancy is granted by the owner of property to another person. For the duration of the life tenant's natural life they have the right to the use and possession of the property covered by the life estate.No. A life tenancy is granted by the owner of property to another person. For the duration of the life tenant's natural life they have the right to the use and possession of the property covered by the life estate.
How much does a life tenancy sale reduce the sale price of real estate?
If a person who has life tenancy is institutionalized and never intends to live at the property that he has life tenancy does that person still have life tenancy.
Can you rent out your house even if your name is not on the deed?
Yes, if i am a tenant , i can give it to another person on sub-tenancy..
What are assets in probate?
Probate assets are all the property a person owns at death in their own name. That would exclude any property owned with another in a joint tenancy or tenancy by the entirety.
What happens when a person jumping out of a moving train?
-- the person probably becoming injured when hitting the ground -- the person going on to complete remaining portion of trip without his luggage
Can joint tenancy in Oklahoma be broken?
Yes, a joint tenancy in Oklahoma can be broken, but not without consequences. Each signature is a legal commitment and each person will be held liable.
What happens when a person loses a job?
Well he/she searchs for another one.While they are unemployed they can go on unemployment benifits.Hopefully that person does find another one!
How do you change a person in a positive way?
It is very difficult for someone to change another person. It rarely happens. If the person is not changing, there is little another person can do. The best thing to do is accept it or leave the relationship.
What happens if you get a ticket for no insurance but the car is insured by another person?
You probably get arrested.
What does a judge do when a person hits another person with some thing?
The Judge brings in security and the security guards take away the person who attacked the other person. If that happens that every happens then the person who probably did it was guilty..... just guessing
What can be done when one person takes all money out of a joint tenancy with rights survivorship bank account?
When you decide to open a joint account with another person that is always a possibility. If there is a substantial amount of money involved you could try to sue for the return of half of the money.
