National Credit Union Administration. The National Credit Union Administration (NCUA) is the independent federal agency created by the United States Congress to regulate, charter, and supervise federal credit unions.
This joint tenancy severance is necessary to change your tenancy from a joint tenancy to a tenancy in common. This notice will record the current ownership of the property as well as the change in ownership. Ask a lawyer to discuss your specific legal situation.
In the great majority of states, if you and the other owners call yourselves joint tenants with the right of survivorship, or put the abbreviation JT WROS after your names on the title document, you create a joint tenancy. A car salesman or bank staffer may assure you that other words are enough.