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Real Estate Agent
Account Closed
  • Kirkland, WA
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Joint Tenancy noob question

Account Closed
  • Kirkland, WA
Posted Jun 17 2014, 19:58

Hi everyone! This is my first real post (aside from introducing myself...), so please bear with me.

I am currently studying to earn my real estate license. I'm sure there is an easy answer to this, but I can't find it! Here is my question.

Joint Tenancy. Let's say Alice, Bob, and Carl own a property as joint tenants. This means that when Alice dies, Bob and Carl now are 50% owners. Alright, fine. When Bob dies, Carl is 100% owner. So what happens when Carl dies?

Forgive...I'm sure I'll come up with more educated and interesting questions as I get further along. Thank you for your kind response!

- Gwen Banchero :)

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