Title and Escrow

Any number of persons. (can be husband & wife.)

Any number of persons

Only husband and wife.

Only husband and wife.

Ownerships can be divided into any number of interests equal or unequal.

Ownership interests must be equal

Ownership interests are equal.

Ownership and management are equal.

Each co-owner has a separate legal title to his undivided interest.

There is only one title to the whole property.

Title is in the "community". Each interest is separate but management is unified.

Each interest is separate but management is unified.

Equal right of possession.

Equal right of possession.

Equal right of possession.

Husband and wife have equal management and control.

Each co-owner's interest may be conveyed separately by its owner.

Conveyance by one co-owner without the others breaks the joint tenancy.

Both co-owners must join on conveyance of real property. Separate interest cannot be conveyed.

Separate interest cannot be conveyed without consent of spouse. Upon death survivor can convey full title with proper affidavit.

Purchaser will become a tenant in common with the other co-owners in the property.

Purchaser will become a tenant in common with the other co-owners in the property.

Purchaser can only acquire whole title of community: cannot cannot acquire a part of it.

Can only acquire as husband and wife and must express (in deed) the intent to acquire title with "right of survivorship"

On co-owner's death, his interest passes by will to his devisees or heirs. No right of survivorship.

On co-owner's death, his interests end and cannot be disposed of by will. Survivor owns the property by rights of survivorship.

On co-owner's death 1/2 belongs to survivor in severalty 1/2 goes by will to descendant's devisees or by succession to survivor

By affidavit death of spouse for right of survivorship, spouse gains full title.

Co-owner's interest may be sold on execution sale to satisfy his creditor. Creditor becomes a tenant in common

Co-owner's interest may be sold on execution sale to satisfy creditor. Joint tenancy is broken, creditor becomes tenant in common.

Co-owner's interest cannot be seized and sold separately. The whole property may be sold on execution sale to satisfy creditor.

Co-owner's interest cannot be seized and sold separately. The whole property may be sold on execution sale to satisfy creditor.