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husbend wife buying property, how to hold title

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tsirlin Joined: 25 Jan 2010 Posts: 1 1.30 Dollars($)	Posted: Mon Jan 25, 2010 10:51 am    Post subject: husbend wife buying property, how to hold title Like 0 Dislike 0 husbend and wife buying property, how to hold title? it's a first time for me(husbend), wife already has condo, she rents it to her parents, she owns a car that her parents drive we are in California I am concern about protection from liabilities from her rental should we take title Join Tenants with survivorship rights? although it says that Join tenants it't a worst way to hold title for spouses
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Mon Jan 25, 2010 11:35 am    Post subject: Like 0 Dislike 0 "it says" - what is the source for the statement that joint tenancy is the worst way to hold title? i've never heard that, and given the overall preponderance of titles appearing that way, i find it a little hard to believe that there's an expert opinion of that type. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

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