• Menu
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Eagle Trust Insurance

Massachusetts Auto, Home, Business, and Life Insurance Company

Header Right

Customer Login|Sign-up
617-625-8400
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • Home
  • What We Insure
    • Overview
    • Auto Insurance
    • Homeowners Insurance
    • Renters Insurance
    • Condo Insurance
    • Business Insurance
    • Term Life Insurance
  • Get a Quote
    • Overview – All Quotes
    • Auto Quote
    • Home Quote
    • Renters Quote
    • Condo Quote
    • Dwelling Fire (Rental Property)
    • Business Insurance
    • Life Insurance Quote
  • Service Center
    • Overview
    • Billing & Payments
    • Report a Claim
    • Manage Your Policy
    • Login to CSR24
  • Resources
    • Overview
    • Glossary
    • RMV Links
    • Videos
    • Sitemap
  • About Us
    • COVID-19 (Coronavirus) Notice
    • Company Profile
    • Contact Us
    • Employment Opportunities
    • Privacy Policy & Terms of Use
    • Trusted Choice Pledge
  • Blog
  • Home
  • What We Insure
    • Overview
    • Auto Insurance
    • Homeowners Insurance
    • Renters Insurance
    • Condo Insurance
    • Business Insurance
    • Term Life Insurance
  • Get a Quote
    • Overview – All Quotes
    • Auto Quote
    • Home Quote
    • Renters Quote
    • Condo Quote
    • Dwelling Fire (Rental Property)
    • Business Insurance
    • Life Insurance Quote
  • Service Center
    • Overview
    • Billing & Payments
    • Report a Claim
    • Manage Your Policy
    • Login to CSR24
  • Resources
    • Overview
    • Glossary
    • RMV Links
    • Videos
    • Sitemap
  • About Us
    • COVID-19 (Coronavirus) Notice
    • Company Profile
    • Contact Us
    • Employment Opportunities
    • Privacy Policy & Terms of Use
    • Trusted Choice Pledge
  • Blog

Types Of Tenancy Relationships For MA Home Purchases

Tenancy is defined as an agreement between two or more home owners. It specifies what will occur when one individual passes away. There are three types of tenancy and they come with different rights and requirements. Below are definitions of the different types of tenancy relationships for MA home purchases.

Types Of Tenancy Relationships

Tenants in Common

key2

Tenancy in common enables an party to preserve their rights to a property. It dictates that when one individual dies, their percentage of ownership will be handed down to their estate. The beneficiaries would acquire the portion of the property, lawfully becoming a tenant in common with the remaining parties.

Joint Tenancy

For joint tenancy, when an co-owner becomes deceased, their ownership in the real estate is acquired by the remaining parties. If there are multiple other co-owners, each one inherits an equal share. There is traditionally additional language for joint tenants describing time, possession, title, and interest in the real estate. The parties receive ownership simultaneously and by common means (i.e. will or deed). Each person also receives an interest in the property as a whole and not merely certain pieces of it.

Tenants by the Entirety

This type of tenancy is similar to joint tenancy but applies only to married couples. When one spouse dies, ownership is inherited by the surviving spouse. Tenants by the Entirety can only be terminated by divorce, death or mutual agreement. One spouse may not give his or her interest to another party, but can give it to the other spouse.

More About Types Of Tenancy Relationships For MA Home Purchases

It is useful to understand the unique types of tenancy relationships for MA home purchases.Each provides for different rights to survivors and heirs. If you are not sure about which tenancy relationship to choose for your real estate purchase, speak with an experienced attorney for guidance.

Previous Post: « Protect Your Home with Hurricane Insurance
Next Post: Swimming Pool Safety Tips »

Primary Sidebar

Easy Insurance Quote
Need a Fast Quote?
Click the Easy Quote button above for a short quote request form with a fast telephone response from our team members!

BLOG TOPICS

  • Community Involvement (3)
  • Insurance (127)
    • Auto Insurance (71)
    • Condo Insurance (5)
    • Home Insurance (39)
    • Life Insurance (6)
    • Renters Insurance (1)
    • Umbrella Insurance (3)
  • News (24)
    • Bills & Laws (2)
    • Real Estate (6)
  • Tips (209)
    • Car Buying (6)
    • Car Maintenance (5)
    • Credit (2)
    • Driving (20)
    • Holiday (5)
    • Home Buying (8)
    • Home Ownership (85)
    • Home Selling (1)
    • Registration (2)
    • Renting (3)
    • Safety (75)
    • Teen Drivers (1)
    • Travel (5)
    • Weather (22)
  • Uncategorized (6)

Search for…

Footer

Eagle Trust Insurance

245 1st St Ste. 18
Cambridge, MA 02142
Phone #: (617) 625-8400
Toll-free #: (800) 390-1446
Fax Number: (617) 625-8424

Office Hours:
Monday-Friday 9am-5pm
After-hours: Calls will be handled by our emergency call center

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Quicklinks

  • Make a Payment
  • Report a Claim
  • Manage Your Policy
  • Get a Quote
  • Contact Us

Insurance Products

  • Auto Insurance
  • Homeowners Insurance
  • Business Insurance
  • Life Insurance
  • Condo Insurance
  • Renters Insurance
MA
  • Log In
  • Not Enrolled? Learn More

Copyright © 2025 · Eagle Trust Insurance · Powered by Lanergy Solutions · Log in