Chesterfield real estate MO, St. Louis real estate, O'Fallon area real estate, home listings and homes for sale in Missouri - De Lynn Klosterhoff, REALTOR® De Lynn Klosterhoff REALTOR(r) for Chesterfield, St. Louis, O'Fallon area, Missouri real estate - NUMBER1EXPERT™ De Lynn Klosterhoff NUMBER1EXPERT(tm) for Chesterfield, St. Louis, O'Fallon area, Missouri real estate
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De Lynn Klosterhoff, REALTOR®, real estate agent and broker for Chesterfield, St. Louis, O'Fallon area Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)
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Titles >Yours In Deed

The way that you hold title to your property has legal, tax, and estate-planning consequences. Many buyers do not receive adequate professional advice on this important aspect of property ownership.

If you are purchasing property by yourself, you will be acquiring title by sole (or "separate") ownership, single ownership, or severalty ownership. The term "severalty" does not denote more than one person - it is a legal term meaning that sole ownership is severed from all other forms of ownership.

If you are purchasing property with others, the most common forms of co-ownership are tenancy in common, joint tenancy, and community property. Tenants in common can be created when two or more related or unrelated people hold title to a property either equally or unequally. Each individual has the right to do whatever he wishes with his interest in the property. For example, he can sell his interest, give it away, or will it to someone else.

Before you take title, you should seek advice from your tax advisor and an attorney, particularly if you are buying the property with another person.

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Real Estate Trivia
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Where will you find the world's most unusual golf course?

A 
The only golf course on the island of Tonga has 15 holes, and no penalty against the golfer whose golf ball is stolen by a monkey.
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De Lynn Klosterhoff, REALTOR®, real estate agent and broker for Chesterfield, St. Louis, O'Fallon area Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

De Lynn Klosterhoff
RE/MAX Properties West

16100 Swingley Ridge Rd.
Chesterfield, MO. 63017
636-532-5900
800-949-0490
RE/MAX Office Fax: 636-532-2302
De Lynn's In-office Fax: 636-898-1327
Email: DeLynnK@DeLynnK.com

De Lynn Klosterhoff has over 25 years of real estate experience. She has been honored with the RE/MAX Hall of Fame Achievement Award, the RE/MAX Lifetime Achievement Award and was ranked #9 Individual in the RE/MAX St. Louis Region. Her designations are CRS (Certified Residential Specialist), a designation held by only 1% of all Realtors; ABR (Accredited Buyer's Representative); GRI (Graduate of the Real Estate Institute), having completed a minimum of 90 hours of course study and exams; and RECS (Real Estate Cyberspace), SRES (Seniors Real Estate Specialist). Because of her dedication to the real estate business and her clients, she is in the top 1% of all Realtors in the St. Louis area.

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