Can a child and parent hold a property in joint tenancy with right of survivorship?
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Can a child and parent hold a property in joint tenancy with right of survivorship?
Asked on September 27, 2012 under Real Estate Law, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Under the laws of all states in this country it is entirely permissible for a parent and child (or any other person) to hold real property in joint tenancy with the right of survivorship. Under such titled holding, the survivor of the two ends up owning the entirety of the real property held between the two. As a result, the transfer is outside of a probate requirement.
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