Question

Two friends want to buy piece of real property together but each one wants to leave...

Two friends want to buy piece of real property together but each one wants to leave his share to his children. How is the best way for them to take title?

  1. As joint tenants

  2. As tenants in common

  3. As tenants in the entirely

  4. As community property

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Answer #1

As tenants in common

In this context the partners have equal rights and they also have the right to transfer their ownership with the help of will made to a buyer or a heir of the property.

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