Archive: Tag: tenancy in common

September 19, 2020

Real Property Tenancies

Real Property Tenancies When purchasing real property, it is extremely important to know which type of ownership will be best for you and your situation. Whether purchasing as an individual or together with other persons or entities, the type of ownership you elect will affect the transferability and inheritability of the property. The fact is that most people are not aware of the type of ownership interests. When a single individual purchases real estate in “fee simple,” they hold a 100% ownership interest in the land. The sole owner is free to do anything with the property that is [...]