Sitemap: Home Selling in Lake Hartwell, Lake Keowee and Seneca, South Carolina - Get Expert Advice From Parker Quigley Lake Specialist Team

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Why Sellers Choose Parker Quigley Lake Specialist Team - Why home sellers in Lake Hartwell, Lake Keowee and Seneca choose Parker Quigley Lake Specialist Team.
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School Reports in Lake Hartwell, Lake Keowee and Seneca, South Carolina

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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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Q	Which U.S. hotel has more fountains than any other hotel in the world?
A	The Bellagio Hotel in Las Vegas, Nevada has more than 1,000 fountains embellishing an 11+ acre artificial lake.
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Parker Quigley Lake Specialist Team, REALTOR®, real estate agents and broker for Lake Hartwell, Lake Keowee and SenecaSouth Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Parker Quigley Lake Specialist Team
RE/MAX Foothills Realty
4022 Clemson Blvd.
Anderson, SC 29621
Phone 1: 866-244-8439
Phone 2: 877-314-1058
Fax: 864-287-0858
parkerquigley@NUMBER1EXPERT.com
This site is your one stop Comprehensive Website provided by Parker Quigley's Lake Specialist Team and ReMax Foothills Real Estate. Services we provide are: Lake Hartwell Anderson SC Realtors, Lake Keowee Seneca SC Realtors, Lake Hartwell Realtors licensed in Georgia & S.C., Lake Hartwell Buyer Agent Representation, Lake Hartwell Listing Agent with an extensive marketing plan that really works!, Lake Keowee Buyer Agent Representation, Lake Keowee Listing & Marketing Real Estate Agent Specializing in Upstate SC Lake Property. We are licensed Real Estate Agents in Anderson, SC who perform our duties with the utmost professionalism & dedication.

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