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joint tenancy

American  

noun

Law.
  1. a holding of property, either real or personal, by two or more persons with each sharing the undivided interest, the entire tenancy passing to the survivor or survivors.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

I’m not convinced you should push for joint tenancy with the rights of survivorship, where you both own 100% of your home.

From MarketWatch

As one member of the Moneyist Facebook Group wrote in response to your letter: “My husband and I are both in second marriages and each have two adult children. My stipulation was that the house we purchased together be put in both of our names and titled as joint tenancy with right of survivorship.”

From MarketWatch

You did one thing correctly: Joint tenancy with the right of survivorship is the most common form of ownership for married couples and co-investors, like your brother and your good self, who want to make sure that half of the property does not end up in the hands of a third party.

From MarketWatch

Joint tenancy with the right of survivorship gives all owners an equal share of the property and does not allow one owner to add another person to the deed.

From MarketWatch

Here is the harsh and unvarnished truth: Joint tenancy comes with survivorship rights.

From MarketWatch