Warranty Deed - Two Grantors to Three Grantees as Joint Tenants - Wisconsin 2025

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If you are unable to come to an agreement with the other co-owners, it may be possible to go to the court and request that the property be sold, and proceeds divided between the owners.
Joint tenancy differs from other forms of ownership, such as tenancy in common, in that it includes the right of survivorship. This means that upon the death of one joint tenant, their interest in the property automatically passes to the surviving joint tenants.
Joint tenancy is a form of co-ownership where two or more individuals share equal ownership rights to a property. Each owner has an undivided interest in the property, and if one owner passes away, their share automatically transfers to the surviving owner(s).
Examples of Concurrent Ownership Types Joint Tenancy with the Right of Survivorship: In a joint tenancy, two or more individuals own property equally. When one owner dies, their interest automatically passes to the surviving owners.
Joint tenancy means equal ownership and equal responsibilities among co-owners. The right of survivorship allows a surviving tenant to inherit the property automatically after another tenants death. Joint tenancy differs from a tenancy in common, where a deceased tenants share goes to their heirs.

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However, joint tenancy also has its disadvantages. Potential conflicts between co-owners can arise, especially if they have different ideas about how the property should be used or managed. Another disadvantage is the inability to designate separate shares of the property.

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