Difference between revisions of "Tenancies in Florida"

From WFG Wiki
 
(8 intermediate revisions by 2 users not shown)
Line 1: Line 1:
#Tenancy by the Entirety
+
==Overview==
#Joint Tenants with Right of Survivorship
+
 
#Tenancy in Common
+
==Tenancy by the Entirety==
 +
 
 +
A conveyance by deed to a married couple can be held as tenants by the entirety but only if the intention is expressly stated in the deed.
 +
 
 +
===Creation Language===
 +
 
 +
==Joint Tenancy with Right of Survivorship==
 +
 
 +
===Creation Language===
 +
 
 +
A joint tenancy with right of survivorship is recognized in Florida  provided the instrument creating the estate of joint tenancy expressly provides for the right of survivorship. The most common phrase is  is, “as joint tenants with right of survivorship,” but as long as the intent is clear it is clear the estate is created. (see Sec. 689.15, F.S.)
 +
 
 +
==Tenancy in Common==
 +
 
 +
Tenants in common, is recognized and presumed absent statement of survivorship.
 +
 
 +
==Cross-References==
 +
* [[Florida]]
 +
* [[Tenancies]]

Latest revision as of 17:47, 15 July 2018

Overview

Tenancy by the Entirety

A conveyance by deed to a married couple can be held as tenants by the entirety but only if the intention is expressly stated in the deed.

Creation Language

Joint Tenancy with Right of Survivorship

Creation Language

A joint tenancy with right of survivorship is recognized in Florida provided the instrument creating the estate of joint tenancy expressly provides for the right of survivorship. The most common phrase is is, “as joint tenants with right of survivorship,” but as long as the intent is clear it is clear the estate is created. (see Sec. 689.15, F.S.)

Tenancy in Common

Tenants in common, is recognized and presumed absent statement of survivorship.

Cross-References