Types of Ownership: How passes at death of a grantor?, Written Assignment help
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This week you have learned about estates in land and concurrent ownership. These are very important concepts in real estate law.
Research Wisconsin state law and indicate what type of law applies to married individuals in your state that own real estate together. (Are you a community property state?) PLEASE CITE YOUR LAW!
Then, create a chart of the various types of ownership using the following as a guide:
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Types of Ownership: |
How passes at death of a grantor? |
Unities, if any: |
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Tenants in Common |
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Joint Tenants |
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Tenants by Entirety |
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Community Property |
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Severalty |
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