Rye real estate NY, Harrison real estate, Rye Brook real estate and Westchester County real estate, home listings and homes for sale in New York, Waterfront Luxury Homes, Golf Course Homes - Michèle Flood, REALTOR® Michèle  Flood REALTOR(r) for Rye, Harrison, Rye Brook and Westchester County, New York real estate, Waterfront Luxury Homes, Golf Course Homes - NUMBER1EXPERT™ Michèle  Flood NUMBER1EXPERT(tm) for Rye, Harrison, Rye Brook and Westchester County, New York real estate, Waterfront Luxury Homes, Golf Course Homes
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Michèle  Flood, REALTOR®, real estate agent and broker for Rye, Harrison, Rye Brook and Westchester County New York home listings, property and land for sale - NUMBER1EXPERT(tm)


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Why Buyers Choose Me: Why homebuyers in the Rye, Harrison, Rye Brook and Westchester County area choose Michèle Flood as their Realtor
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Real Estate Tips
Titles >Ways to Hold Title

When two or more people purchase property together, there are three ways that the title can be held. Knowing the implications of each form of ownership will help you decide how to write your deed.

"Tenancy by the entireties" is reserved exclusively for married people. Both husband and wife own an undivided interest in the property. On the death of one party, the surviving spouse owns the entire property and no probate will be necessary. When unmarried persons buy a home together, they should seek legal advice regarding how title should be held. As "tenants in common" each party owns a percentage interest in the property. On the death of one party his or her interest does not go to the surviving owner but is distributed in accordance with the will of the deceased, whose estate must be probated. As "joint tenants" each party owns an undivided, equal interest that passes automatically to the surviving joint tenant. Probate is not necessary if the deed reads "joint tenants with rights of survivorship".

It is important to know that in most courts, if a deed is written without specification of how title is held, the property is titled as "tenants in common."

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Real Estate Trivia
Q 
Where is the world's longest spiral staircase?

A 
The White County Coal Mine in Carmi, Illinois has a spiral staircase that measures 1,103 feet and has 1,520 steps.
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Michèle  Flood, REALTOR®, real estate agent and broker for Rye, Harrison, Rye Brook and Westchester County New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Michèle Flood
Coldwell Banker Country Prop.

9 McCullough Place
Rye, NY. 10580
Office: 914-967-0059
Cell: 914-420-6468
Fax: 914-925-9085
Email: micheleflood@NUMBER1EXPERT.com

Michele Flood ranks in the top 1% of agents nationwide because she knows what it takes to get results. Here is what clients say about Michele's level of service….”exceeded our expectations”…”tremendous energy”…”constant attention”…wonderful experience”…”’no’ is not in her vocabulary”…”worked tirelessly”…”goes way beyond what is expected”…”thank you, thank you, thank you”. Call her or email her today!

Equal Housing MLS REALTOR


Coldwell Banker Country Prop. real estate and homes for sale in Rye, Harrison, Rye Brook and Westchester County New York

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