Real Broker:

1 - knows the city, town or district where you are looking for a property to purchase.

2 - always keeps you informed of any updates.

3 - is always open and does his/her best in understanding your needs and listening to what you say.

4 - always has a good search strategy.

5 - doesn't mind you involving your Lawyer, Associate or Attorney if you like.

6 - helps you understand every provision in paperwork concerrning working with him.

7 - always has competent inspectors, appraisers and other professionals he can refer to.

Oct

31

How should a married Canadian couple hold title on real estate the in the US?

October 31, 2009 | 2 Comments

My husband and I are looking to purchase a second home in Las Vegas. In the us they have multiple ways to hold title on real estate.

Sole Ownership,Joint Tenancy, Tenants in Commons are just a few examples. From a Estate Tax Planning perspective what is the recommened one to choose?

Comments

2 Comments so far

MikeHaleHomes on October 31, 2009 6:52 pm
Use "Tenancy by the Entirety".

A lawsuit against one spouse will not put a lien on the house and the property transfers to a surviving spouse without going through probate. It is like tenancy in common, but with added protection in case of a lawsuit against one spouse.
oskarmyloanguy.com on October 31, 2009 6:52 pm
Nevada is a community property state so you would most likely hold title as joint tennats

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