Legal Question in Real Estate Law in Illinois

real estate deeds

what are the provisions of tenants in

common?


Asked on 2/21/09, 11:12 am

1 Answer from Attorneys
Thomas Moens Moens Law Offices, Chartered

Re: real estate deeds

It means if one of you dies, the survivor would keep his or her interest, and the interest of the person who dies would go to his or her estate. It the the "default" form of ownership--if another form of ownership is not specified, you are tenants in common.

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Answered on 2/21/09, 11:15 am


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