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saveliy_v [14]
3 years ago
11

The parents die and the three children want to purchase the home with the stipulation that the last child to survive will have 1

00% ownership of the house. How should they take title to facilitate this?
Law
1 answer:
beks73 [17]3 years ago
4 0

Answer and explanation:

In order to facilitate this legal process, and considering the situation presented, the best option would be a <u>joint tenancy</u>. <u>Joint tenancy</u> is a legal proccedure that indicates that when there is more than one owner of a property, all of them have equal rights on said place. In this case joint tenancy claims survivorship rights so that the remaining child will increase their percentage ownership.

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