Q: Married couples owns Maine real estate with a third party. Do they own 1/2 or 2/3?
One married couple plus 3rd party. Sorry for typo.
You have to read the actual Deed and see what Estates are conveyed. Sometimes a
Title Search is necessary. If nothing else is stated, usually the married parties own as Tenants By The Entirety, which would be of one half, and the third party owns as a Tenant In Common of an Undivided One Half Interest. If the exact Estates are not given, the drafter of the Deed did not know what he was doing and the foregoing will usually be held by any Court as the Title. Pleadings in Equity might change the result in
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.