Sentences with phrase «under joint tenancy»

That's because the entire ownership transfers to the surviving owner, without having to go through probate, under joint tenancy.

Not exact matches

Joint Tenancy: A form of ownership under which owners have equal interest in the property and may sell their interest to whomever they choose.

The court rejected the son's claim largely on the basis that the parties had not intended a beneficial joint tenancy and granted the son a one - third beneficial interest under a constructive trust.

Unlike joint tenancy, however, under tenancy by the entirety the home is more fully protected from creditors.