For Joint tenancy we have terms and definitions in 13 topics. The topics are Automotive, Canadian Law, Construction, Divorce, Financial, Fundraising, Insolvency, Law, Legal, Mortgage, Personal Injury Law, Purchasing A Home and Real Estate.

Joint Tenancy (Automotive)

Ownership that is shared by two or more persons.

Joint Tenancy (Canadian Law)

When two or more persons are equally owners of some property. The unique aspect of joint tenancy is that as the joint tenancy owners die, their shares accrue to the surviving owner(s) so that, eventually, the entire share is held by one person. A valid joint tenancy is said to require the "four unities": unity of interest (each joint tenant must have an equal interest including equality of duration and extent), unity of title (the interests must arise from the same document), unity of possession (each joint tenant must have an equal right to occupy the entire property) and unity of time: the interests of the joint tenants must arise at the same time.

Joint Tenancy (Construction)

A form of ownership in which the tenants own a property equally. If one dies, the other automatically inherits the entire property.

Joint Tenancy (Divorce)

A form of joint ownership in which each joint owner has an equal share.

Joint Tenancy (Financial)

Is a type of an account which has multiple owners. Is a type of an account which has multiple owners.

Joint Tenancy (Fundraising)

A form of co-ownership of property among at least two owners all of whom have equal shares and obtained their shares in the same transaction specifying (either by law or in the documents) that each has the right of survivorship. The shares are undivided interests. Occasionally, joint tenancy documents will add the words "and not as tenants-in-common," or the words "with rights of survivorship or the initials "w.r.o.s." See also:Co-Tenant, Tenant In Common

Joint Tenancy (Insolvency)

The situation where two or more persons are equally owners of some property.

Joint Tenancy (Law)

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.

Joint Tenancy (Legal)

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.

Joint Tenancy (Mortgage)

Joint tenancy is one of the methods available for two or more people to hold title to real estate or personal property. It includes a right of survivorship, meaning that on the death of one joint tenant, his/her interests transfer to the remaining joint tenants.

Joint Tenancy (Personal Injury Law)

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.

Joint Tenancy (Purchasing A Home)

A form of co-ownership that gives each tenant equal interest and equal rights in the property, including the right of survivorship.

Joint Tenancy (Real Estate)

An undivided interest in property, taken by two or more joint tenants. The interest must be equal, accruing under the same conveyance, and beginning at the same time. Upon the death of a joint tenant, the interest passes to the surviving joint tenants, rather than to the heirs of the deceased.

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