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what is the difference between the 2

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T

Trucky

Guest
please define *tenants in common vs joint tenants. what is the diference between the two and how would that make a differance in who gets it at the time one dies. n.y. state
 


B

buckspc

Guest
Tenants in common

Joint tenants, wros is whole ammount passes to the other person wholly, tenants in common, one half still belongs to each person or their estate when one dies, so tenants in common, you still just retain one half ownership regardless. This is a personal opinion based on what has happened to me in the past, Buck
 

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