My wife and I purchased a home in joint tenancy that includes my mother. So all 3 of us are title holders of the house. It's my understanding that in joint tenancy, it's rights of the survivors so that when my mom dies (that's if she goes first :bg , all we have to do is to submit a death certificate and we're the only owners of the house. My wife is concerned that we have to pay tax for that portion. I'm confident that it's not the case but she wanted me to find out for sure.