By: Ned Hale, Attorney/Owner at Hale Law Group, P.A., Fort Myers, FL Board Certified in Real Estate by the Florida Bar
Sole Ownership:
Advantages:
-Easy. No documents to prepare.
Disadvantages:
-No asset protection—creditors can seize the property unless it is homesteaded.
-Property passes through probate if owned at death, which can lead to delays and costs.
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