In the United States, title to a home is held in perpetuity. Subject to clear, legal and tradable title, the manner in which title is held will determine the future disposition of real estate and the rights and interests of the parties and is an important part of property rights.

In the United States, the manner in which private real estate property rights are held is usually divided into the following categories:

Independent and complete property rights

A single person or unit owns the real estate completely and solely.

The group of people: mainly for unmarried single men and women or couples who own the property alone according to the agreement.

Community property

1. Held by many people.

2. The holders can distribute the ownership interest according to their needs, not necessarily equally.

3. The common owners can each transfer the property rights they hold.

4. The property rights can be bequeathed.

Applicable people:Buyers with multiple partners can go on vacation or invest according to their needs.

Joint ownership

1. Jointly held by many people.

2. The interests of property rights holders are equally shared.

3. Each title cannot be transferred or sold separately, nor can it be bequeathed. When a property owner dies, the other living property owners automatically acquire their property rights and distribute them equally, with the last survivor holding the full property rights.

Applicable people:Between husband and wife or parent and child. This form of title avoids the complicated process of inheritance.

A couple can avoid inheritance tax completely by purchasing, and parents and children can partially avoid inheritance tax by purchasing.

Shared ownership as a whole

1. A special joint ownership option available only to married couples.

2. The couple can transfer or sell the house only with the consent of both parties.

3. If one spouse dies, the other spouse can automatically acquire property rights.

4. If the marriage between husband and wife breaks up for any reason, the overall joint property rights automatically lapse and can be changed to joint property rights.

5. If one of the spouses has debts and has died, the property right of the house belongs to the spouse, and there is no need to seize the house for debt repayment.

Applicable people:Married couples can protect the heirs from the debt entanglement of the deceased spouse to a certain extent.