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Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy Arkansas Form

Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy Arkansas Form

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welcome to another everything you wanted to know and what I afid to ask in real estate the question of the week is regarding joint tency and tency in common the terms seem to be the same however are legally the same so the answer is no legally joint tency is really really different than tenants in common and let me give you an example let's say husband and wife buy a piece of property then since they're husband and wife they are buying as joint tenants so if one of the spouses dies automatically by right of survivorship the other spouse the surviving spouse will have 100% ownership of the property and the family of one of the deceased will not have any claims to it it go goes all everything to the other party how however if let's say a couple buys a property they're not married they do live together but they're not married and they buy a property then they're basically buying as tenants in common so what happens is if there's a sp

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