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Homeownership Terms to Know: Rent-Back Agreement, Joint Tenancy & More

Windemere Buying

When two or more people purchase a property together, Joint Tenancy with Right of Survivorship (JTWROS) requires that all co-buyers hold an equal interest in the property and that they all come into ownership through the same title at the same time. Tenancy In Common.

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Is Co-Buying a Home Right For You?

Windemere Buying

Before you purchase with a co-buyer, work with a real estate attorney to flesh out the details of the agreement including the distribution of shares, the responsibility of each party for the down payment and subsequent mortgage payments, and the home’s title. There are two main options for taking title to a home with a co-buyer.

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Your Guide to Selling a House with Multiple Owners

HomeLight

Use a Top Agent to Help Sell Your Co-owned House. Our data shows the top 5% of agents across the U.S. help clients sell their home for as much as 10% more than the average real estate agent. It takes just two minutes to match clients with the best real estate agents, who will contact you and guide you through the process.

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Can I Sell My House Without Both Owners’ Signatures?

HomeLight

Oldham and his wife Jennifer are top-selling agents in California who work with 70% more single-family homes than the average San Jose area agent. One partner can come home and say, ‘hey we bought a house today,’ but on the flip side, if a partner says, ‘hey I sold our house today’ that usually won’t work to convey title appropriately.