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Looking at Different Ways to Hold Legal Title to Property

These persons could be common law partners, a married couple, parent and child, sisters and brothers or unrelated individuals who want to make an investment. When looking to buy a home together with others the joint tenancy form can cause difficulties when it is time to sell the property. Under joint tenancy, should one of the owners die while the joint owners own the home, the property reverts to the remaining property owner.

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