A tenancy held by husband and wife giving each the equal right to possession and e3njoyment during their joint lives, along with the right to sole ownership upon the death of either partner.
The joint ownership, recognized in some states, of property acquired by husband and wife during marriage. On the death of one spouse the survivor becomes the owner of the property.
an arrangement whereby spouses own property jointly and when one spouse dies the other becomes the sole outright owner of the property
an ownership in common between a married couple.In this tenancy, each person owns equal parts of the property and if one spouse dies, the survivor gets the remaining ownership, but not the debts. In case of a divorce, the tenancy is dissolved. Related terms: TENANCY IN COMMON, JOINT TENANCY, RIGHT OF SURVIVORSHIP.
A type of joint tenancy of property that provides right of survivorship and is available only to a married couple. see also tenancy in common.
Property ownership by husband and wife with equal rights of possession during their joint lives with the right of survivorship. When one dies, the other spouse owns the entire property.
A way of holding real estate; joint ownership by a married couple. After the death of one tenant, the survivor automatically becomes the owner of the whole.
Ownership by married persons where each owns the entire estate, with the survivor taking the whole upon the other's death.
a concurrent ownership of property that can only exist between married couples
a form of joint ownership whereby the husband and wife own all the property together
a form of ownership typically limited to the ownership of real estate by a husband and wife
a "joint tenancy that arises between husband and wife when a single instrument conveys realty to both of them but nothing is said in the deed or will about the character of their ownership
a special form of joint ownership of property that can only exist between a husband and a wife
a unique sort of concurrent ownership that can only exist between married persons
Form of co-ownership between a husband and wife; a joint tenancy. Husband and wife each own the entire property.
A type of ownership between a husband and wife that includes the right of survivorship.
A tenancy which is created by a husband and wife in which they hold title to an asset with the right of survivorship, so that upon the death of first spouse, the surviving spouse takes the whole ownership of the asset.
The joint ownership of property by a husband and wife with the right of survivorship.
A type of joint tenancy available only to a husband and wife during marriage on their principal residence. Upon the death of one spouse, the survivor becomes the owner of the entire property.
Where husband and wife are joint tenants, it provides limited protection from creditors and malpractice claimants, but has several drawbacks that the use of a trust can address.
Ownership of property by a husband and wife so that such property may not be disposed of during life by either husband or wife without the other's consent. Upon death, the property goes to the survivor (right of survivorship).
A tenancy that is created between a husband and wife by which they together hold title to the whole property with the right of survivorship so that when one dies, the other takes the whole property to the exclusion of the heirs of the deceased.
A form of ownership of real property between a husband and wife where at one's death, the other automatically inherits the decedent's interest. There are certain creditor protections inherent in this type of ownership that are not available with other forms of ownership. Not all states recognize this form of ownership as valid.
A form of ownership by husband and wife whereby each holds title to the entire property with right of survivorship. In the event of the death of one, the survivor takes the entire property to the exclusion of the deceased's heirs.
A form of joint ownership between husband and wife that includes a right of survivorship. At the death of the first spouse, his or her interest in the property will pass to the surviving spouse.
type of joint tenancy of property that provides right of survivorship and is available only to a husband and wife.
Ownership by a husband and wife in which they together hold title to the whole property with right of survivorship.
a type of joint tenancy between husband and wife but only with real estate
A form of property ownership where two or more people own the property jointly. The survivors are entitled to the decedent's share of the property upon death.
The co-ownership of real estate by a married couple. Upon the death of one spouse, the other automatically owns the entire property.
Modification of a joint tenancy between husband and wife. Has the quality of survivorship, but neither spouse can convey his or her interest to break the joint tenancy. Recognized in many states. (See &qoutEstate By Entireties.")
Type of ownership whereby both the husband and wife each own the complete property. Each spouse has an ownership interest in the property as his or her marital residence and, as a result, creditors cannot force the sale of the home to pay back the debts of one spouse without the other spouse's consent. There are rights of survivorship whereby upon the death of one spouse, the other spouse would immediately inherit the entire property.
A form of property ownership similar to joint tenancy, but which carries no rights of survivorship, no exclusions from the probate process and no protection from lawsuits and creditors.
A form of ownership by husband and wife whereby each owns the entire property. In event of death of one, the survivor owns the property without probate.
A form of ownership by husband and wife, recognized in certain states, in which the rights of the deceased spouse automatically pass to the survivor.
When a married couple owns a home, it is usually considered tenancy by the entirety If the property must be sold to pay the debts of one spouse, both must agree.
A type of joint tenancy in a property that provides right of survivorship and is available only to the husband and wife. Contrast with tenancy in common.
A legal arrangement between a husband and wife that is permitted in some States whereby real property is owned jointly by the spouses, with the interests of a deceased spouse passing directly to the surviving spouse without probate. Also see ‘Co-ownership,” “Joint tenancy,” and “Tenancy in common.
A special type of joint tenancy available in some states for a husband and wife who own their principal residence, it protects the residence from creditors and liability claims against one of the spouses. As with a regular joint tenancy, this delays but does not eliminate probate.
A tenancy in which parties jointly own property. After the death of one, the survivor takes the whole estate. Tenancy by the entirety can be terminated during their lifetime only by joint action of the parties.
A special joint tenancy between a lawfully married husband and wife, which places all title to the property into the marital unit, with both spouses having an equal, undivided interest in the whole property.
A form of ownership by husband and wife where each has an interest in the entire property. Upon the death of one, the survivor owns the property without probate. A form of co-ownership of property by husband and wife in states that don't use a community property system.
An estate that exists only between husband and wife with equal right of possession and enjoyment during their joint lives and with the right of survivorship-i.e., when one dies, the property goes to the surviving tenant. Recognized in some states.
A form of ownership in which a husband and wife jointly own property. After the death of one, the other takes possession of the entirety. Without consent of both parties, creditors may not force a sale of property for payment of debts.
An estate which exists only between husband and wife. Each has equal right of enjoyment and possession during their joint lives, and each has the right of survivorship.
The ownership of a property by spouses where each spouse owns an undivided interest in the entire property. When one spouse passes away, the other holds title to the entire property.
Ownership by a husband and wife where they hold title together and where the surviving spouse becomes the owner of the entire property.
Joint ownership of a property by husband and wife. Ownership is passed to the surviving spouse, known as the right of survivorship.
Joint ownership by husband and wife, created by conveyance to husband and wife, who possess the property jointly. The property goes entirely to the survivor and is liable only for joint debts of husband and wife, not individual debts. Divorce severs the tenancy. See also JOINT TENANCY, TENANCY IN COMMON RIGHT OF SURVIVORSHIP.
A type of joint tenancy of property providing right of survivorship, available only to a husband and wife. When a spouse dies the property transfers to the other spouse. Contrast with tenancy in common and joint tenancy.
Type of joint tenancy that provides the right of survivorship and is available only to a husband and wife. Compare with tenancy in common.
A form of title vesting the entire estate in husband and wife with right of survivorship.
A special kind of property ownership that's only for married couples. Both spouses have the right to enjoy the entire property, and when one spouse dies, the surviving spouse gets title to the property (called a right of survivorship). It is similar to joint tenancy, but it is available in only about half the states.
Ownership by spouses in which each spouse owns an undivided interest in the entire property. When one spouse dies, the other has title to the entire property.
A form of joint tenancy that exists between a husband and wife whereby each owns the entire property.
Created by a conveyance to husband and wife, whereupon each becomes seized and possessed of the entire estate and after the death of one the survivor takes the whole.