taking title: What does taking title mean?? - 08/11/11 02:24 AM
You're buying a home
 The REALTOR or settlement agent asks "How would you like to take title?"
You're thinking what the heck are they talking about?
 
Here's what they're talking about....
You buy a property with a friend.  Maybe you're buying an investment property or a condo at the beach.  You are really good friends but let's face it, if you die, you won't be leaving them anything in your will.  You want your family to inherit your worldly goods.  You will take title as tenants in common.  If you're wondering where it shows up, you'll find it notated on … (5 comments)