Legal Question in Real Estate Law in New Mexico
Is the terms "tenant in common" and "joint tenants" the same
Asked on 4/04/17, 7:05 am
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
No. If a joint tenant dies, the other joint tenants inherit the property. If tenants in common, then the estate of the deceased tenant becomes the owner. Probate results.
Answered on 4/04/17, 8:57 am