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Home / Courts / Real Property – Mortgages – Joint Tenancy – Severance – Tenancy in Common – First Impression (access required)

Real Property – Mortgages – Joint Tenancy – Severance – Tenancy in Common – First Impression (access required)

Countrywide Home Loans, Inc. v. Reed Judy Reed, her husband, and her mother bought property as joint tenants with right of survivorship; however, when the mother took out a mortgage on the property, the joint tenancy was severed, and a tenancy in common was created, without the right of survivorship.

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