realestate
Real Estate

What Does Tenants by the Entirety Mean When Closing on a Home?

Sat Feb 07, 2009 2:08 pm
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Tenants by the Entirety is when a husband and wife own the property with the common law right of survivorship so, if one dies, the other automatically inherits the property.

One may not sue the other to partition the property. A creditor of one may not claim the property or proceeds of the sale.



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