HUD requires on Sales Contract line 2. Title will be taken in following names and “Style”. By “Style” they are referring to the type of tenancy. Here are the types you can choose from in Illinois.
Husband & Wife - In Serveralty
- Individual (Use For LLC)
- Joint Tenancy
- Married Couple
- Married Person
- Single Person
- Tenants in Common
* Consult your attorney for reccmmened type.