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COMMUNITY PROPERTY:  This requires a valid marriage between two people.  Each spouse holds an undivided one-half interest in the estate.  One spouse can't partition the property by selling his/her interest.  It requires the signatures of both spouses to convey or encumber the property.  Each spouse can will one-half of the community property.  Upon death, the estate of the decedent must be "cleared" through probate, affidavit or adjudication.  Both halves of the community property are entitled to a "stepped up" tax basis as of the date of death.

JOINT TENANCY WITH RIGHT OF SURVIVORSHIP:  The parties don't have to be married and there may be more than two joint tenants.  Each joint tenant holds an equal and undivided interest in the estate, unity of interest.  One joint tenant can partition the property by selling his/her joint interest.  It requires the signatures of all joint tenants to convey or encumber the whole.  The estate passes to the surviving joint tenant(s) outside of probate..  No court action is required to "clear" title upon the death of joint tenant(s).  The deceased tenant's share is entitled to a "stepped up" tax basis as of the date of death.

COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP:  This requires a valid marriage between two people.  Each spouse holds an undivided one-half interest in the estate.  One spouse can't partition the property by selling his/her interest.  It requires the signatures of both spouses to convey or encumber the property.  The estate passes to the surviving spouse outside of probate.  No court action is required to "clear" title upon the first death.  Both halves of the community property are entitled to a "stepped up" tax basis as of the date of death.

TENANCY IN COMMON:  The parties don't need to be married and there may be more than two tenants in common.  Each tenant in common holds an undivided fractional interest in the estate.  It doesn't have to be equal shares, e.g. 20% and 80%; 20%, 40% and 40%, etc.  Each tenant's share can be conveyed, mortgaged or devised to a third party.  It requires the signatures of all tenants to convey or encumber the whole.  Upon death the tenant's proportionate share passes to his/her heirs by will or intestacy.  Upon death the estate of the decedent must be "cleared" through probate, affidavit or adjudication.  Each share has its own tax basis.

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CORPORATE OVERVIEW

HAVE THE  #1 REAL ESTATE COMPANY IN ARIZONA BE YOUR PERFECT PARTNER!

Built on trust, integrity and honor, since 1950 we have provided the highest quality of service to our clients in the Phoenix and Tucson metropolitan areas.  Our success can be attributed to providing each of our clients with our undivided focus and attention to detail, delivering the ultimate "Success Experience" through outstanding service and creating customers for life.

Recognized for excellence and performance as the #1 independently owned and operated Coldwell Banker affiliate in the world for 4 consecutive years.

Recognized for excellence and performance as the #1 independently owned and operated Coldwell Banker affiliate in the State of Arizona for 10 consecutive years.

Voted the #1 and most outstanding real estate company in Arizona by its clients, peers and the Arizona business community,.  "The Best of Arizona Business", Arizona Business Magazine-January, 2000 & 2002.

Awarded the prestigious Chairman's Circle distinction for the 10th consecutive year.  The Chairman's Circle award is granted only to the top 5 percent of the more than 1,800 Coldwell Banker companies in North America. 

One of the Top 20 Brokers in the United States.

Over 2,400 full-time real estate professionals.

44 branch office locations throughout the Phoenix and Tucson metropolitan areas.

Over $5.8 Billion of real estate sold.

Over 23,000 sales transactions.

9 out of 10 customers recommend Coldwell Banker.

The only real estate company in the state of Arizona that hosts in-house mortgage and title.

The only real estate company in the state of Arizona that offers a full-service Concierge program.  The Coldwell Banker Concierge Program has assisted over 25,000 clients and has more than 1,000 quality, prescreened vendors participating in the Concierge network.

The prestigious J.D.Power and Associates awarded Coldwell Banker Real Estatate Corporation with the Highest Overall Satisfaction With One-Stop-Shopping Services For Home Buyers Among National Full Service Real Estate Firms.

Hosts the largest in-house award winning relocation department in the Southwest featuring complete relocation assistance for local, state-to-state and international relocations.

Hosts a full-service New Homes and Builder Services Division - Coldwell Banker Builder Services.

Hosts a full-service Commercial Real Estate Division - Coldwell Banker Commercial NRT.

Hosts a Hispanic division - Coldwell Banker Exito office, serving the Hispanic market and assisting with all home buying and selling needs.

Provides the exclusive Previews® marketing program designed specifically for luxury properties.  Sells more $1 million plus homes in the Scottsdale and Paradise Valley areas than any other real estate company.

All listings receive the benefit of our "Every Day Until It's Sold" marketing program through our Southwest Living Magazine and the Internet.  It's marketing that works!

Sells an average of 56 homes per day, or one home every 25 minutes*

In 2002, Franchise Times magazine's prestigious Top 200 issue ranked the organization number one in real estate and number 10 overall. This marked the third consecutive year that Coldwell Banker Real Estate Corporation  was ranked top among real estate companies by the publication.  The "Top 200 Franchise Chains" is an annual ranking by Franchise Times, the news and information source for the franchising industry.

Coldwell Banker Success Family of Companies was an independently owned and operated member of Coldwell Banker Real Estate Corporation and is now owned and operated by NRT.  This partnership provides our clients with the alliance of the international strength of Coldwell Banker and superior expertise in the local real estate market.