Difference between revisions of "Joint tenancy"

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'''Joint tenancy''' is a form of legal co-ownership of [[property]] (also known as [[survivorship]]). At the death of one co-owner, the surviving co-owner becomes sole owner of the property. Tenancy by the entirety is a special form of joint tenancy between a husband and wife. [[category:legal terms]]
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'''Joint tenancy''' is a form of legal co-ownership of [[property]] (also known as [[survivorship]]). At the death of one co-owner, the surviving co-owner becomes sole owner of the property. Tenancy by the entirety is a special form of joint tenancy between a husband and wife. [[Category:Legal Terms]]

Revision as of 20:23, April 23, 2008

Joint tenancy is a form of legal co-ownership of property (also known as survivorship). At the death of one co-owner, the surviving co-owner becomes sole owner of the property. Tenancy by the entirety is a special form of joint tenancy between a husband and wife.