Do I actually own part of the home?

Yes—you truly own a share of the property. When you co-own a home through Joynt, the property is held by a Limited Liability Company (LLC), and you become a member of that LLC. Your exact ownership percentage is clearly defined in the Operating Agreement, a legal document that outlines who owns what, how decisions are made, and how the home is used and maintained.

This structure gives you real equity in the property. That means your share can increase in value over time, and you can sell or transfer it when you choose, just like any other asset.

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Joynt is not a law firm or an accounting practice and does not provide legal or tax advice. The content of these FAQs is not intended to be a substitute for professional advice. We strongly encourage you to consult with a qualified attorney and a licensed tax professional to address your specific needs and circumstances before making any decisions based on the information provided here.

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