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What happens to a joint mortgage if one person dies?The type of joint mortgage and the mortgage legal term will determine what happens should one person on a joint mortgage pass away. Usually, two main forms of property ownership are tenants in common and joint tenancy. Joint tenancy is the arrangement whereby both owners have equal rights to the property. Under what is known as the right of survivorship, the other person naturally...0 Comments 0 Shares 892 Views
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