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All agents are NOT alike! Experience the difference with Lynn Huff. Call 1-540-320-6003.
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Welcome! Here You Can Find Great Information on Blacksburg, Christiansburg and Radford, Virginia Real Estate
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Looking for homes? Search everything the web has to offer, right here! Don't miss our Feature Homes. Need local real estate information? I've summarized much of what is important about the Blacksburg, Christiansburg and Radford real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top REALTOR®. Not even ours! This site is filled with ways that you can contact us for one-on-one expert help and advice. That's my job. Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR REALTOR®. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. And together I will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As a top Blacksburg, Christiansburg Radford and New River Valley area REALTOR®, we have the experience and track record you are looking for. Let me help. Lynn Huff  |
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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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Where would you go if you wished to stay in the world's most expensive hotel room?
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The Imperial Suite at the President Wilson Hotel in Geneva, Switzerland, which can be reserved for $33,000 per night. |
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