Legal Question in Real Estate Law in New Jersey
severance
situation: A&B (husband and wife) and C & D (husband and wife) own property as ''joint tenants''. C& D transfer their interest in the property by using a quit claim deed to X & Y .
Is it necessary for C & D to notify A & B of the tranfer?
thank you
Asked on 1/17/02, 9:43 pm
1 Answer from Attorneys
Daniel Clement
Law Offices of Daniel Clement
Re: severance
No it is not necessary to inform them of the transfer-but the purchaser takes subject to the other joint tenants' rights- particularly the right of survivorship. They also take as a tenant in common- not as a joint tenant.
Answered on 1/21/02, 7:42 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
