“Taking title” refers to who and how someone is listed on a property title. There are several ways that you can take title to real estate in Arizona. The best way to take title of Arizona real estate will depend on the following factors: if you are single or married, if you intend to own the property with multiple owners, and more options if the other owner is your spouse.
If you are single and intend to be the only owner of the property than you will take title in your name. A probate would be required to transfer the property upon your death, so a trust should be considered with this option.
While it is possible to avoid probate by adding another owner to the property such as a child or friend that you would want to receive the property after your passing, multiple owners can create problems.
If you are married but receiving the property as a gift or an inheritance, then you have the option to take the title.