Legal Question in Real Estate Law in Maryland
Joint tenancy issue-#2
I have been told that the relative who was one of the 5 children, used a 'strawman' to break the joint tenancy deed, meaning that she sold it to her lawyer(the strawman) and he sold it back to her, thus, making her a tenant in common as oppossed to a joint tenant.
Is this legal?
Asked on 12/28/06, 2:48 pm
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Joint tenancy issue-#2
Yes. Any transfer of a joint tenancy interest renders it an interest in common. It is not necessary to use a strawman intermediary, but it is an acceptable and valid way to do it.
Answered on 12/28/06, 6:07 pm