tag:blogger.com,1999:blog-1048878261604074145.post7771819018766713738..comments2018-11-11T23:42:30.059-06:00Comments on Real Estate Law: Tenancy by the entiretyThomas O. Moenshttp://www.blogger.com/profile/18266725506861601074noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1048878261604074145.post-64136490377079885532009-03-04T15:41:00.000-06:002009-03-04T15:41:00.000-06:00I purchased my house 6 years ago as a single man. ...I purchased my house 6 years ago as a single man. I recently married and my wife brought money into the marriage from the sale of her home. We applied that money to my existing home loan and paid it off. We would like to add her to the title to home I purchased 6 years ago as husband and wife tenancy by the entirety. One of the requirements to do this is that both parties must acquire their interest at the same time through one title. Would recording a new deed adding my wife satisfy this requirement?<BR/><BR/>Anonymous in OregonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1048878261604074145.post-44038749155933984942009-02-03T18:45:00.000-06:002009-02-03T18:45:00.000-06:00Anonymous in PA: I am not licensed in PA, so I hav...Anonymous in PA: I am not licensed in PA, so I have no idea. In many states, you would be tenants in common, but the language in your divorce decree certainly adds a peculiar wrinkle. In IL, you CANNOT be TBE if you are not married.Thomas O. Moenshttps://www.blogger.com/profile/18266725506861601074noreply@blogger.comtag:blogger.com,1999:blog-1048878261604074145.post-49034647745345978512009-02-01T23:52:00.000-06:002009-02-01T23:52:00.000-06:00Hi, my wife and I are recently divorced (Dec 24, 2...Hi, my wife and I are recently divorced (Dec 24, 2008). In the post nup agreement it says "WIFE and HUSBAND have agreed to dispose of the marital real estate which they own as tenents by the entireties..." Doesn't the divorce nullify this arrangement and change our ownership to Tenents in common? We live in PAAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1048878261604074145.post-12084294962626948172009-01-19T08:54:00.000-06:002009-01-19T08:54:00.000-06:00If you are in Illinois, you SHOULD be considered j...If you are in Illinois, you SHOULD be considered joint tenants. You absolutely do not hold title as tenants by the entirety. To answer your questions, yes, she can do that.Thomas O. Moenshttps://www.blogger.com/profile/18266725506861601074noreply@blogger.comtag:blogger.com,1999:blog-1048878261604074145.post-29134507137333816892009-01-05T11:08:00.000-06:002009-01-05T11:08:00.000-06:00What if you're an unmarried couple and tenancy by ...What if you're an unmarried couple and tenancy by the entirety is the way that your title is recorded?<BR/><BR/>She wants to force sale (retained an attorney) and I want to wait until a better time to refinance. I am currently living there and paying the entire mortgage. Can she do that? Does the law regarding tenancy of the entirety hold up even if we are not legally married?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1048878261604074145.post-23951688674103040332009-01-05T09:55:00.000-06:002009-01-05T09:55:00.000-06:00Hi, I found your blog on Google. Everything I rea...Hi, I found your blog on Google. Everything I read on this subject refers to titling "real" property. What about investment accounts or cash held at a financial institution? Are the same rights of Tenancy by the entirety afforded to the owners of this type of asset class...especially when dealing with one of the owners having personal loan guarantees to creditors?Anonymousnoreply@blogger.com