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Joint tenancy
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Revision as of 03:12, January 7, 2019
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*Interest - each co-owner must own the same share of the property and with the same restrictions or conditions.
*Interest - each co-owner must own the same share of the property and with the same restrictions or conditions.
*Possession - each co-owner must have the same right to possess and use the entire property.
*Possession - each co-owner must have the same right to possess and use the entire property.
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If at any time one co-owner sells his/her interest apart from the other, the joint tenancy ends and converts to a [[tenancy in common]].
A [[tenancy by the entirety]] is a special form of joint tenancy between a husband and wife.
A [[tenancy by the entirety]] is a special form of joint tenancy between a husband and wife.
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