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Updated over 4 years ago on . Most recent reply

User Stats

60
Posts
50
Votes
Patrick Torres
  • Rental Property Investor
  • Albuquerque, NM
50
Votes |
60
Posts

Tenancy in Common Partnership

Patrick Torres
  • Rental Property Investor
  • Albuquerque, NM
Posted

Can two married couples purchase a property together as tenants in common, or are there restrictions regarding the amount of individuals that can enter into this kind of agreement? Our plan was to purchase the property together, open a bank account together, apply for mortgage together etc. I understand there may be arguments for creating an llc together, but is purchasing the property as described above possible without doing so?

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