Bucks County, Blue Bell and Montgomery County real estate and homes for sale in Pennsylvania - The Lei Barry Team, REALTORS® The Lei Barry Team REALTORS(r) for Bucks County, Blue Bell and Montgomery County, Pennsylvania real estate - NUMBER1EXPERTS™ The Lei Barry Team NUMBER1EXPERTS(tm) for Bucks County, Blue Bell and Montgomery County, Pennsylvania real estate
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The Lei Barry Team, REALTORŪ, real estate agents and broker for Bucks County, Blue Bell and Montgomery County Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)
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"Lei, you managed the negotiations expertly! You made sure to stay in communication despite the long sales cycle. Your entire team is great!" 

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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 oldest pyramid?

A 
The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons.
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The Lei Barry Team, REALTORŪ, real estate agents and broker for Bucks County, Blue Bell and Montgomery County Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

The Lei Barry Team
Keller Williams Real Estate

910 Harvest Drive Suite 100
Blue Bell
PA 19422
Phone: 215-646-2900 (Main)
Phone: 215-654-6001 (Lei)
Phone: 215-654-6074 (Lyn)
Fax: 215-654-6060
Email: Lei@TheLeiBarryTeam.com

Commitment, trust, respect and integrity are some of the words that describe The Lei Barry Team's business philosophy. Our style of business coupled with our high-speed technology & systems offers you & your friends a winning combination, when you choose The Lei Barry Team. For a stress free & fun Real Estate transaction, you can rely on us.

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Keller Williams Real Estate real estate and homes for sale in Bucks County, Blue Bell and Montgomery County Pennsylvania

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