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How do you want to hold title?

Sole ownership. If you are single, one way to hold title to your home is in your name alone. Tenants in common. Joint tenancy with right of survivorship. Community property. Living trust.

How do you and the other owners want to hold title?

Joint tenancy. Tenancy in common. Tenants by entirety. Sole ownership. Community property.

What does property title hold mean?

Ways for a Person to Hold the Title to Real Property. Deeds are the legal documents that convey property ownership between two parties. The most recent deed on public record indicates who the legal owner of the property is, and thus this person is said to hold the title.

How should married couples hold title?

Married couples might also hold title in Joint Tenancy. In a joint tenancy the couple will hold title to their real estate jointly with equal undivided interests and withrights of survivorship. An undivided interest is an ownership right to use and possess the entire property.

How should married couples hold title in California?

California married couples generally have three options to take title to their community (vs separate) property real estate: community property, joint tenancy or Community Property with Right of Survivorship. The latter coming into play in California July of 2001.

What does hold the title mean?

Ways for a Person to Hold the Title to Real Property. Deeds are the legal documents that convey property ownership between two parties. After the grantee's name, the vesting is cited -- or how he will hold the title. You can hold the title as an individual or with other people in a form of co-ownership.

How do you hold a title?

Sole ownership. If you are single, one way to hold title to your home is in your name alone. Tenants in common. Joint tenancy with right of survivorship. Community property. Living trust.

Why does Title Company need marital status?

Why Marital Status Matters in Home Sales. To ensure that homes are properly transferred from one party to another in a sale, the title company will always ask for the marital status of all parties. For home buyers, both spouses are typically listed on the deed even if only one person's name appears on the mortgage.
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