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Tenant in Common  Form

Tenant in Common Form

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Instructions and help about affidavit joint sample

in this lesson we're continuing our discussion of ownership of real property specifically we want to focus on the creation in termination of concurrent estates so what is a concurrent estate well imagine that I Michael convey Greenacre right let's draw this up let's say that I convey Greenacre to Amy and Bobby equally right to Amy and Bobby equally meaning Amy is to take a 1/2 interest in green acre and Bobby is to take a 1/2 interest and green acre right well this is what we would call a concurrent estate or concurrent ownership of real property right I threw one deed one instrument and conveying Greenacre to both Amy and Bobby at the same time so anytime we have a transfer of real property to two or more people at the same time we're dealing with concurrent estates right or concurrent ownerships I guess by the way when it have to be at the same time right if I convey one half of green acre to Amy on Monday and then another half of green acre to Bobby o

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