If a joint owner is an individual, on death he / she drops out, so that the deposit then is owned by
the remaining joint owner (s); this is called the right of survivorship of
the remaining joint owner (s).
Not exact matches
Before the match West Ham's under - fire
joint -
owner admitted he wanted the Scot to
remain at the helm.
form of
joint ownership of an asset in which ownership can be unequal and one
owner's interest can be sold, mortgaged, or willed without the consent of the
remaining owner (s); there is no ability to name a beneficiary, so interest in these assets will always fall under the deceased
owner's will
With a T / O / D designation, the sole
owner or
joint tenants
remain the
owners of the account.
* As a sole or
joint owner of an RBC Signature No Limit Banking (SNL) account and the primary Signature RBC Rewards Visa cardholder, the $ 39 annual fee of your Signature RBC Rewards Visa card will be fully rebated, every year, as long as your eligible credit card
remains in good standing and you
remain an SNL account
owner.
After the first of the
joint tenants dies, that
owner's one - sixth portion will be redistributed evenly amongst the other survivors so after the death, each of the survivors will own one - fifth of the property, jointly with all the other
remaining joint tenants.
* As a sole or
joint owner of an RBC Signature No Limit Banking (SNL) account and the primary Signature RBC Rewards Visa cardholder, the $ 39 annual fee of your Signature RBC Rewards Visa card will be fully rebated, every year, as long as your eligible credit card
remains in good standing and you
remain an SNL account
owner.
It's a
joint venture between the two car companies and while it's been a bonafide hit with
owners and reviewers, one caveat has always
remained: It needs more power.
A legal relationship and method referencing the ownership of real property by which one person mutually holds legal title to property with other persons in such a way that when one of the
joint owners dies, the
remaining party (s) owns an undivided interest in the entire property; more legally referred to as Tenancy in Common with rights of survivorship.
All of the
owners of the property are named in the partition lawsuit, with the
joint owner (or
owners) that want to dissolve the shared ownership serving as plaintiff, or petitioner, with the
remaining owners in the role of defendant, or respondent.
-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a
joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become
owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an
owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and
remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.