Phrases with «joint tenancy»

"Joint tenancy" refers to a legal arrangement where two or more people share equal ownership of a property at the same time. They have the right to use the property and if one person passes away, their share automatically goes to the surviving co-owners. Full definition

Sentences with «joint tenancy»

  • Real Estate: Hold property in joint tenancy with right of survivorship (or as tenancy by the entirety if owners are spouses) or transfer title to a revocable living trust. (personalfinanceinsider.com)
  • CDs: Hold property in joint tenancy with right of survivorship (or as tenancy by the entirety if owners are spouses), transfer title to a revocable living trust, or name a payable - on - death beneficiary. (personalfinanceinsider.com)
  • A type of joint tenancy of property that provides right of survivorship and is available only to a husband and wife. (shoprate.com)
  • (see all sentences)
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