Establishing JTWROS in PA

[rjbzd]

What is the name of your state? PA

In Pennsylvania, is it necessary to transfer title to a third party and commensurately be deeded the property back through a predefined agreement, before a property can be owned in joint tenancy between two individuals who did not acquire the propety at the same time?

[HomeGuru]

Originally Posted by rjbzd

What is the name of your state? PA

In Pennsylvania, is it necessary to transfer title to a third party and commensurately be deeded the property back through a predefined agreement, before a property can be owned in joint tenancy between two individuals who did not acquire the propety at the same time?

**A: no**************.....

Originally Posted by rjbzd

What is the name of your state? PA

In Pennsylvania, is it necessary to transfer title to a third party and commensurately be deeded the property back through a predefined agreement, before a property can be owned in joint tenancy between two individuals who did not acquire the propety at the same time?

This is called a straw man transaction. He died during the last drought.

[HomeGuru]

Originally Posted by seniorjudge

This is called a straw man transaction. He died during the last drought.

**A: I did not know that. The last I saw of him was when he was going down the yellow brick road.