What types of “joint” ownership property are allowed in Florida?
There are several types of Ajoint@ ownership in Florida. Some typical types are: Joint Tenancy with Right of Survivorship is allowed in Florida, but to be sure that the parties intended survivorship, which could result in the disinheritance of other family members, Florida law requires that the title to such property specifically state: “John Brown and Henry Brown, as joint tenants with right of survivorship and not as tenants-incommon.” Otherwise, the ownership may be construed as tenants-in-common and the interest will pass under each owner’s will. Tenancy-by-the-Entirety is joint ownership of property by a husband and wife and provides that the survivor will own the property upon the death of the other spouse. Neither spouse can sell, gift or convey their undivided one-half interest without the joinder of the other spouse. In Florida, real property titled in the name of husband and wife is presumed to be tenants-by- the-entirety property unless there are more people on the deed. How