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abby tiscareno Richard Weeks and Barbara Todaro have this one answered.
I assume this is for your class. Like Barbara Todaro says never tell a client how to take ownership.
But for class room purposes here are the answers
Ownership in severalty (single person or entity)
Tenancy In Common
Tenancy by the entirety.
Tony and Suzanne Marri...
this is a question for your local real estate attorney.... never guide a client with this type of information.... we don't wear the legal hat...
Richard Weeks nailed this one!
Each one has a purpose. The buyer has to choose the one that suits their need
There are many and this is best advised by an attorney or tax professional.
Barbara Todaro has the right answer..Bingo!
Varies by state thanks to uniformed legislators!
Umm; let me think on this one a while
The others have answered.
abby tiscareno - share what you know about the different type of ownerships you learned at Real Estate School - and let them take the help of an attorney to decide.
Richard Weeks nailed it - sorry that I don't have a nail image to include
Those answers can be found in your real estate pre-license book.
It depends on your jurisdiction and possibly other jurisdictions. Consult legal and tax professionals in the relevant jurisdiction(s).
See a real estate attorney or Title attorney.
abby tiscareno There are several different of real estate ownership.
Someone is in real estate class
You can obtain the list from escrow. It is not up to us, the agent to advise either way as you don't want to be liable. Always advise the buyer to consult with their attorney or accountant.
Have you checked your local text book?