Knowledge of legal, regulatory, compliance and governance issues.
Caveat lending – joint tenancy properties and death
Here is an important fact to be aware of when it comes to the world of caveat lending: People that own properties as joint tenants own 100% of the property together. This means Mr A owns 100% of the property and Mrs A owns 100% of the property. There are no shares – where there are shares this is called tenants in common.+