The way you choose to hold title will determine many things including who may sign various documents involving the property and future rights of the parties to the transaction, exposure to creditor's claims, and probate implications in the event of death.

It is important to give careful thought to how title will be held, and the advice of an attorney is highly recommended.

The following are common methods in which individuals can hold title:

1) In severalty as a single person

2) A Married person as His/Her Sole and Separate Property

3) Tenancy in common

4) Joint tenancy with rights of survivorship