Most residences at a building like Banyan Tree Residences are bought by more than one person. The form of co-ownership is chosen at contract and rarely discussed. Here it is, in plain words, for counsel to confirm.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
Tenants in common: each owner holds a share, which can be unequal, and each share passes by that owner’s will. Joint tenants with right of survivorship: equal shares, and the survivor takes the whole. Tenancy by the entirety: Florida’s form for married couples, with survivorship and protection from one spouse’s individual creditors. An entity: the family owns the company, the company owns the home, and the operating agreement decides everything else.
Banyan Tree Residences: 88 private residences plus a penthouse collection: one- to four-bedroom corner residences with wraparound terraces, 10-foot ceilings, floor-to-ceiling impact glass, direct elevator entry in most; Yabu Pushelberg kitchens with Sub-Zero and Wolf; primary baths with rain shower and sculptural freestanding tubs.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
Every person who will be on the deed signs the purchase agreement and the closing documents, or signs a power of attorney that the title company accepts in advance. A co-owner abroad signs remotely under the rules for documents executed outside the United States; plan the notarization weeks ahead, not days.
Banyan Tree Residences: The deposit schedule is held by the desk and read with you before contract.
A sale needs every owner’s signature. A death moves the share by the form chosen above, or through probate if the form does not avoid it. A disagreement between co-owners who are not married ends, in the worst case, in a partition action, which is why an agreement between the co-owners, written before closing, is counsel’s usual advice.
How should we take title together, and who has to be in the room or on a power of attorney at closing? Counsel chooses the form; the desk sets the signing logistics with the title company.
Decide how you own it before you own it.
Developer materials for Banyan Tree Residences as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.
A private report on the Miami market, sent when there is something worth knowing. No noise, no listings, no pressure.
Received. A note from the desk is on its way. If it has not arrived within a few minutes, please check your spam folder and mark it as not spam, so we can reach you.
We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Metrik Real Estate is a Miami real estate company built around one idea: the buyer gets their own team. Miami Dossier is its private buyer advisory for new construction.
A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.
