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Renunciation and Disclaimer of Joint Tenant or Tenancy Interest Wyoming Form

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Renunciation and Disclaimer of Joint Tenant or Tenancy Interest Wyoming Form

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today we're going to be talking about the severance of a joint tenancy a relationship which begins as a joint tenancy need not remain so for in certain circumstances it is possible for a joint tenant to sever his or her interest and thereby to convert it into a tenancy in common our primary reason for severance may be to avoid the effects of the right of survivorship and this is something that I've looked at in the previous couple of videos on joint tenancy and tenancy in common so make sure you check those out it is never possible these days to sever a joint tenancy of the legal estate for to do so would be to create a legal tenancy in common which is prohibited by the law of property act 1925 the section 34 subsection 1 ingly the law of property act 1925 subsection 36 subsection 2 states that no severance of a joint tenancy of a legal estate so as to create a tenancy in common in land shall be permissible severance of an equitable joint tenancy is however still possib

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