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Ajones7145 Ajones7145
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6 years ago
Concurrent Ownership. Louis Hennefield served in the U.S. Air Force between 1952 and 1968, and received an honorable discharge. During his service, Hennefield suffered a wartime service-connected disability that, according to the U.S. Veterans Administration, was totally disabling. Hennefield and Blair O'Dell began living together in 1975, and ten years later, bought a house n Montclair, Essex County, New Jersey. The two men took title to the house as joint tenants with right of survivorship. Under a New Jersey state statute, they received a disabled veteran's exemption from the payment of 50 percent of the taxes on the property. In 2004, they attempted to re-convey the house to themselves as tenants by the entirety and filed a claim with Essex County for a 100-percent tax exemption, which is normally granted to qualified veterans in traditional marriages. What distinguishes a tenancy by the entirety from a joint tenancy with a right of survivorship? Should the re-conveyance be considered effective in this case? Discuss.
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