Sever joint tenancy
One person might want to sell their share of the property, so they would need to sever the joint tenancy first. Another reason to sever a joint tenancy agreement might be if one person wants to change the terms of their mortgage.
Relevant Contract Types
🏠 Joint tenancy agreement
A joint tenancy agreement is a contract between two or more people who agree to share ownership of a property. The agreement outlines the rights and responsibilities of each tenant, as well as the terms of the tenancy. The agreement may also cover other matters such as how the property will be maintained and how disputes will be resolved.
Relevant Contract Types
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