Email HUSBAND & WIFE, HUSBAND & HUSBAND, WIFE & WIFE, ETC.
Or Married Couple creating a tenancy by the entirety, which means upon the death of one spouse, the whole estate remains in the sole ownership of the surviving spouse... when one spouse dies, the other spouse immediately receives title to the full property without the need for probate or intestate succession.
Or Married Couple creating a tenancy by the entirety, which means upon the death of one spouse, the whole estate remains in the sole ownership of the surviving spouse... when one spouse dies, the other spouse immediately receives title to the full property without the need for probate or intestate succession.
TENANCY IN COMMON
Which means each party owns an undivided interest and upon the death of a party, their interest passes to their estate and not to the surviving co-tenants(s). As such, each owner can sell, transfer, or encumber (borrow against) their own interest in the property. With this option you will need to indicate the percentage of ownership for each co-tenant.
Which means each party owns an undivided interest and upon the death of a party, their interest passes to their estate and not to the surviving co-tenants(s). As such, each owner can sell, transfer, or encumber (borrow against) their own interest in the property. With this option you will need to indicate the percentage of ownership for each co-tenant.
Indiana law allows also homeowners to execute a transfer on death ("TOD") deed, naming a beneficiary who will automatically receive ownership of the property upon the homeowner's death, thereby avoiding probate. However, the deed must be signed, notarized, and recorded before the homeowner's death to be valid.
Your Buyer’s Agent and the title firm will also need if you intend to hold title in an LLC, Trust, Partnership or Corporation. If yes, then you will need to provide proof of existence of the entity such as: Trust copy, copy of Partnership, etc. You will also need to indicate who will be signing on behalf of the entity and their title or position within the entity.
JOINT TENANTS WITH FULL RIGHTS OF SURVIVORSHIP
This means that upon the death of a joint tenant their ownership interest passes to the surviving joint tenant(s).
Your Buyer’s Agent and the title firm will also need if you intend to hold title in an LLC, Trust, Partnership or Corporation. If yes, then you will need to provide proof of existence of the entity such as: Trust copy, copy of Partnership, etc. You will also need to indicate who will be signing on behalf of the entity and their title or position within the entity.
This means that upon the death of a joint tenant their ownership interest passes to the surviving joint tenant(s).
Your Buyer’s Agent and the title firm will also need if you intend to hold title in an LLC, Trust, Partnership or Corporation. If yes, then you will need to provide proof of existence of the entity such as: Trust copy, copy of Partnership, etc. You will also need to indicate who will be signing on behalf of the entity and their title or position within the entity.