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Title Transfer Question

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undergroundPOP

Sophomore Member
Joined
May 29, 2013
Professional Status
Certified Residential Appraiser
State
California
In working on a residential appraisal recently, I came across a grant deed where the title was transferred from John and Jane Doe, husband and wife, to John and Jane Doe, husband and wife, as joint tenants.

What is the reason for this redundancy? Is it to establish a joint tenancy?
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
In working on a residential appraisal recently, I came across a grant deed where the title was transferred from John and Jane Doe, husband and wife, to John and Jane Doe, husband and wife, as joint tenants.

What is the reason for this redundancy? Is it to establish a joint tenancy?

Your question is a legal question.

in California, if the property is held joint tenants as husband and wife, a will or trust can make someone other than the spouse the beneficiary. If held in joint tenants with the right of survivorship, upon death, no probate is required and the transfer is automatically granted to the surviving spouse.
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
Joint tenancy...both own equally. Tenants in common each can have different interest and rights. Joint tenancy with right of survivorship...if one dies the other gets the property. Simplistic and probably not the best answer but it works for our state exam.
 
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