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<br>When you co-own realty, the way you hold title controls what occurs at [death-often](https://ranchoquemadocoop.com) more than your will. This short article walks you through the legal and practical differences in between occupants in common (TIC) and joint occupancy with right of [survivorship](https://oasisrealestateeg.com) (JTWROS), what to anticipate when one owner passes away, and how to plan with confidence. Contact us by either using the online form or calling us directly at 414-253-8500 for legal support.<br> |
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<br>Why Title Matters More Than Most People Realize<br> |
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<br>Realty does not immediately follow the instructions in a will. Instead, the deed's vesting language-how the owners are listed-can send out the residential or commercial property on extremely various paths at death. Simply put:<br> |
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<br>- Joint Tenancy (JTWROS): the [departed owner's](https://www.kolex.co.za) share typically passes automatically to the enduring joint owner(s).<br> |
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<br>- Tenants in Common (TIC): the departed owner's share does not pass to co-owners immediately |