Concurrent Co-Ownership Interests

CommunityPropertyJointTenancyTenancyIn CommonTenancy In PartnershipTitleHolding TrustCommunity PropertyRight of SurvivorshipPartiesDivisionTitlePossessi onConveyancePurchaser'sStatusDeathSucces sor'sStatusCreditor'sRightsPresumptionAr ise only by virtueof partnership statusin property placed inpartnershipConcurrent Co-Ownership InterestsThe comparison below is provided for information only. It should not be used to determine how you hold strongly recommend that you seek professional counsel from an attorney and/or CPA to determine the legal and tax consequences of how title is husbandand wifeAny number ofpersons (can behusband and wife)Any number ofpersons (can behusband and wife)Only partners(any number)Individuals, groups ofpersons, partnership orcorporations, a living trustOnly husband and wifeOwnership andmanagerial interestsare equal (exceptcontrol of business issolely with managingspouse) ownership interestmust be equalOwnership can bedivided into anynumber of interestsequal or unequalOwnership interest isin relation to interestin partnershipOwnership is a personalproperty interest andcan be divided into anynumber of interestsOwnership and managerial interestsare equalTitle is in the "community".

Community Property Joint Tenancy Tenancy In Common Tenancy In Partnership Title Holding Trust Community Property Right of Survivorship Parties Division Title

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  Interest, Joint, Ownership, Concurrent, Concurrent co ownership interests

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