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How a Corporation Takes Title
  I have been studing Real Estate in the mail and I would like to know if you would know a site or person that can answer a question for me?
I can not seem to find anyone to help me with these questions I have.
One question I have is.

A Real Estate development corporation purchased land for a conlominium project. The corporation most likely took title to the land as a syndication, As a general partnership, as joint tenants or In severalty?

Would you know the answer to this question?

Thank you so much,
Mairlyn Dupree
 
 

Marilyn, a corporation is a legal person.  I'm not a lawyer, but my guess is that as an individual would, a corporation takes title in severalty -- single ownership.

 
    Edith
Originally published on May 11, 2007
 
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