Hi, My first post. You will be able to tell from my question that I am in no sense a property expert, and I would also say, hard pressed to be...
My mother lives o/seas and has a ppty she has owned in Australia for about 20years. SHe is thinking of selling a share to me and changing it so...
There are 2 ways to hold an asset jointly with someone else a) Tenants in Common, or b) Joint Tenants The main difference between the 2...
When one Joint Tenant becomes bankrupt their Joint Tenancy is severed and the other owner will end up owning the property as Tenants in Common in...
2 Trustees can legally own trust assets in their capacity as trustee as either Joint Tenants or as Tenants in Common. If 2 (or more) trustees...
Hi all, I was hoping I could receive some input regarding my situation. Context: I am not a permanent resident / citizen (however I do hold an...
There is an aspect to asset protection on death to consider when the family situation is complex. This is especially so when the only asset is the...
I am a GP and my partner is a share trader with no stable income. We are in the process of buying our first house, currently preparing to apply...
When two or more people buy property together, they must decide which way they will jointly own the property. The two ways are either: a) As...
Jointly owned Property and Bankruptcy What happens when one owner of a property becomes bankrupt? Well the other owners end up owning the...
Do you know how you own property that you are joint owners of? You would be either 1. Joint Tenants (JT) or 2. Tenants in Common (TIC) You can...
The two main types of co-ownership in Australia are:- Tenants in common; or Joint tenants. When you purchase a property with someone else, you...
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