Full question:
I HAVE LIVED WITH A MALE FRIEND FOR 19 YEARS AND WE OWN A HOUSE AS TENNANTS IN COMMON. I HAVE DECIDED TO END THE RELATIONSHIP & MOVE OUT. WHAT AM I ENTITLED TO?
- Category: Real Property
- Date:
- State: Maryland
Answer:
As tenants in common, you and your male friend each own an undivided interest in the property. This means you both have equal rights to use the entire property, even if your ownership shares are unequal. If you decide to move out, you are entitled to your share of the property. There is no right of survivorship between tenants in common, meaning that if one of you passes away, the other does not automatically inherit the deceased's share. You can sell, mortgage, or will your interest in the property to someone else.
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