Difference between revisions of "TN Underwriting Summary"
From WFG Wiki
Alanfields (talk | contribs) (Created page with "Tennessee Tenancy by Entirety *Tenancy by the entirety is presumed whenever husband and wife take title together. No express statement is required. *Conveyance from one to T...") |
Davidjenkins (talk | contribs) |
||
| Line 3: | Line 3: | ||
*Tenancy by the entirety is presumed whenever husband and wife take title together. No express statement is required. | *Tenancy by the entirety is presumed whenever husband and wife take title together. No express statement is required. | ||
*Conveyance from one to T by E status may be done by direct conveyance without a "strawman" but conveyance should state intent to create T by E. T. C. A. § 66-1-109 | *Conveyance from one to T by E status may be done by direct conveyance without a "strawman" but conveyance should state intent to create T by E. T. C. A. § 66-1-109 | ||
| + | * A conveyance from A to B ( instead of from A to A and B) where A and B are married creates a tenancy by the entirety so long as the intent of the conveyance is to create a tenancy by the entirety is clearly expressed in the Deed. Bible v. State, 26 McCanless 361 (1968) citing T. C. A. § 66-1-109. | ||
*Between 1914 and 1919, a conveyance to Husband and Wife created a tenancy in common, not a Tenancy by the Entireties. | *Between 1914 and 1919, a conveyance to Husband and Wife created a tenancy in common, not a Tenancy by the Entireties. | ||
Revision as of 15:21, 14 February 2018
Tennessee Tenancy by Entirety
- Tenancy by the entirety is presumed whenever husband and wife take title together. No express statement is required.
- Conveyance from one to T by E status may be done by direct conveyance without a "strawman" but conveyance should state intent to create T by E. T. C. A. § 66-1-109
- A conveyance from A to B ( instead of from A to A and B) where A and B are married creates a tenancy by the entirety so long as the intent of the conveyance is to create a tenancy by the entirety is clearly expressed in the Deed. Bible v. State, 26 McCanless 361 (1968) citing T. C. A. § 66-1-109.
- Between 1914 and 1919, a conveyance to Husband and Wife created a tenancy in common, not a Tenancy by the Entireties.
