Fairfield, Southport and Weston real estate and homes for sale in Connecticut, waterfront properties, luxury homes - Amy Waugh Curry, REALTOR® Amy Waugh Curry REALTOR(r) for Fairfield, Southport and Weston, Connecticut real estate, waterfront properties, luxury homes - NUMBER1EXPERT™ Amy Waugh Curry NUMBER1EXPERT(tm) for Fairfield, Southport and Weston, Connecticut real estate, waterfront properties, luxury homes
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Amy Waugh Curry, REALTOR®, real estate agent and broker for Fairfield, Southport and Weston Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Titles >Ways to Hold Title

When two or more people purchase property together, there are three ways that the title can be held. Knowing the implications of each form of ownership will help you decide how to write your deed.

"Tenancy by the entireties" is reserved exclusively for married people. Both husband and wife own an undivided interest in the property. On the death of one party, the surviving spouse owns the entire property and no probate will be necessary. When unmarried persons buy a home together, they should seek legal advice regarding how title should be held. As "tenants in common" each party owns a percentage interest in the property. On the death of one party his or her interest does not go to the surviving owner but is distributed in accordance with the will of the deceased, whose estate must be probated. As "joint tenants" each party owns an undivided, equal interest that passes automatically to the surviving joint tenant. Probate is not necessary if the deed reads "joint tenants with rights of survivorship".

It is important to know that in most courts, if a deed is written without specification of how title is held, the property is titled as "tenants in common."

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Real Estate Trivia
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What is the average age range of a second-home buyer in the United States?

A 
Currently, second-home buyers in America are most often between 41 and 44 years of age.
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Amy Waugh Curry, REALTOR®, real estate agent and broker for Fairfield, Southport and Weston Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Amy Waugh Curry
Prudential Connecticut Realty

272 Post Road East
Westport, CT 06880
Tel: 203-913-8744
Tel: 203-227-5117
Voice Mail: 203-429-1701
Fax: 203-268-5676
Email: amycurry@NUMBER1EXPERT.com

Ask Amy Curry anything about real estate! Among the most knowledgeable, professional, warm and energetic agents in her field, Amy’s approach to her business – your business – is spirited, focused and strategic. "My mission is to ensure that I deliver the best results for you – whether you're a buyer or seller, and regardless of your price point – in the most timely, efficient and smooth manner possible."

ABRCRSEqual HousingGRIMLSREALTOR


Prudential Connecticut Realty real estate and homes for sale in Fairfield, Southport and Weston Connecticut

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