To Have and To Hold, In Title and in Compliance . . .
by Timothy Raty, DocuTech Compliance Specialist
A special type of ownership in real property is created when it is conveyed to a married borrower. In most states, this type of ownership is known as a “tenancy by the entirety,” wherein both the borrower and the borrower’s spouse obtain a concurrent ownership in the property if the four unities of joint ownership (time,…