When two or more people buy the same piece of property, they must take title together on the deed. You may take title, or ownership, with other people in more than one way, with two common tenancies known as "joint tenants" and "tenants in common." Each
In the state of New York, the disposition of property to two or more people creates a joint ownership interest. Whether the right of survivorship exists depends on the type of interest. In general, the disposition of property to two or more people is presumed to be as tenants in common -...