Teresa keeps selling homes despite a slow market!!! I am selling my listings at a more efficient rate than the MLS history....HERE IS MY TRACK RECORD!!
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When two or more individuals own property together, each one owning an equal interest and having equal rights in the property including the rights of survivorship, it is referred to as joint tenancy. Any of the joint tenants may transfer his or her interest in the property to another party, but this dissolves the joint tenancy and creates a tenants-in-common interest with respect to the other parties whose names are on the title.
The most important feature of joint tenancy is the right of survivorship. A joint tenant cannot will his or her interest in the property to others. The surviving joint tenant (or tenants) simply becomes the owner or owners of the property without going through the probate process, which can involve expensive legal fees and may take months to resolve.
It is important to get professional advice when you plan to buy and hold title to real estate with another person.
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| Q |
What island was sold to Peter Minuit by the Indians for goods valued at 60 guilders ($24)?
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| A |
Peter Minuit arrived with a group of Dutch settlers in 1626 and purchased what is now known as Manhattan. |
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Teresa Santana, P.A. RE/MAX 4301 S. Flamingo Road Suite 101 Davie, FL. 33330 Phone: 954-873-1586 Fax: 954-337-2601 Email: teresasantana@NUMBER1EXPERT.com
As a top producer of REMAX, I specialize in Luxury Home Estates located in good school district. I'm in the business for over 10 years and have reached my title because I LOVE my job and love working with people. When I compare myself with other agents, I think my strongest attribute is my dedication to buyers in finding the right home by listening carefully to their likings. For Sellers, it's my one on one attention to details from the marketing, contract execution, to following up. I guarantee satisfaction!   
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