Severance of joint tenancy is a process that converts property co-owners from joint tenants to tenants in common, eliminating the right of survivorship and allowing individuals to dispose of their share in the property as they see fit. 1. Why are there two legal ownership statuses? Property co-owners can beContinue Reading

Six of the main types of personal loans offered are outlined below. 1. Secured Personal Loans This type of loan requires collateral of some sort. This may include property, land, a vehicle, or shares. As there is less risk to the lender, these loans often have lower interest rates. TheContinue Reading