Tenants By The Entirety
REM #F752
By Ilyce R. Glink
Summary: Ilyce explains tenants by the entirety and joint tenants with rights of survivorship to a ThinkGlink reader.
Q: My parents had a house which they held as tenants by the entirety. A clause
in the deed states "To have and to hold the premises herby granted upon
the Grantees as Tenants by the Entirety (and not at tenants in common), their
and the survivor of them, heirs and assigns, in Fee Simple, forever.”
My mother passed away in 1984. I want to know what benefits or rights, if any, I will receive by being her only child, if my father wants to sell the house or anything. All your help is greatly appreciated.
A: Probably none. Tenancy by the entirety means that your father inherited
your mother's share of the property when she passed away. It’s like being
joint tenants with rights of survivorship. The house is your father's to keep
or to sell.
For more details, please consult a local real estate attorney.
NOTE: This column is distributed by Real Estate Matters Syndicate, PO Box 366, Glencoe, Illinois, 60022. This column may not be resold, reprinted, resyndicated or redistributed without written permission from the publisher.
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