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All Bend Realtors are NOT alike! We have been selling Bend homes and land for 20 years. We are THE Bend real estate experts. 1-800-GO-4-BEND

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Everyone offers free school reports. We do too! Plus we offer more. As top Bend, Redmond and Sunriver real estate agents, we can tell you things about the schools that no report generated by a computer will ever know. Remember, we consult with people moving to the Bend, Redmond and Sunriver, Oregon area on a daily basis. It's our job to know, and our job to tell you. 

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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 
Why is the Terra Amata site in Nice, France famous?

A 
Remains of 21 huts found in 1965 are thought to be the oldest known habitation from the Acheulian culture 400,000 years ago.
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The Gardner Team, REALTOR®, real estate agent and broker for Bend, Redmond and Sunriver, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

The Gardner Team
Bend Brokers Realty

22055 Rickard Road
Bend, OR 97702
Phone: 800-464-2363
Fax: 855-464-2363
Local Phone: 541-389-7369
Email: thegardnerteam@NUMBER1EXPERT.com

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