Joint Property Ownership

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When two or more people own a property, there are two types of ownership with the Land Registry, joint tenants and tenants in common. When dealing with property in a Will, depending on how the testators wish to distribute their property, the question of ownership must be raised.   Joint tenants is the most common and standard way for property to be registered at the Land Registry when purchasing a property. The general concept of joint tenants is simple enough to understand. The ownership is tied together between the proprietors, therefore when either passes the away, the survivor(s) will inherit the deceased’s share of the property by survivorship. If this is the wish of the testators, no further action should be taken as this mean the property does not need to enter probate. The survivor(s) will just need to provide a certified copy of the death certificate and a completed…

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