Web Results

Concurrent estate


A concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. If more than one person own the same pro...

Joint tenancy legal definition of joint tenancy

legal-dictionary.thefreedictionary.com/joint tenancy

Joint Tenancy. A type of ownership of real or Personal Property by two or more persons in which each owns an undivided interest in the whole. In estate law ...

Joint Tenancy FAQ - Real Estate Law - FindLaw


When two or more people own a home as a joint tenancy, each individual owns a share (or interest) of the entire property. Joint tenants must obtain equal shares ...

Joint Tenancy | Wex Legal Dictionary / Encyclopedia | LII / Legal ...


A type of shared ownership of property, where each owner has an undivided ... For example, if A and B own a house as joint tenants, both have undivided ownership of the property, and the ... Business Law, Intellectual Property, Trademarks.

Joint Property and Concurrent Ownership | Nolo.com


Most state property laws refer to the interests of co-tenants as being "undivided" -- meaning that each has an equal right to the property without being restricted to ...

Joint Tenancy - National Paralegal College


A joint tenancy is a form of concurrent ownership where each co-tenant owns an undivided share of the property just as in a tenancy in common. The sole difference in practical law between the two types of tenancies is that joint tenants have ...

Terminating a Joint Tenancy | LegalMatch Law Library


Nov 13, 2013 ... Authored by Ken LaMance, LegalMatch Law Library Managing Editor and ... A joint tenancy is a form of joint possession of real property.

Definition of "Joint Tenants" and "Tenants in Common" - Home Guides


When two people take title as joint tenants on a deed, each person has a 50 percent ... " Despite community property laws in California, which deem all ...

Civil Code Section 678-703


A joint tenancy in personal property may be created by a written transfer, ... of a severance under subdivisions (a) and (b) is determined by the law in effect at the  ...

When Do You Need Joint Tenancy? - Oklahoma Bar Association


A joint tenancy only affects the particular property described in the instrument ... Under Federal Gift Tax Law, spouses have an unlimited marital deduction for ...

More Info

Holding Property in Joint Tenancy Creates more Problems than it ...


Prepared By Steven Samson, Attorney At Law Joint tenancy with right of survivorship is a form of shared ownership, with the key words being the "right of  ...

The Benefits And Pitfalls Of Joint Tenancy | Investopedia


... estate and/or personal property as joint tenants with rights of survivorship ( JTWROS). ... In fact, the law states that immediately upon the death of one tenant,  ...

Avoiding Probate With Joint Tenancy | Nolo.com


Property owned in joint tenancy automatically passes, without probate, to the .... the property would go to each owner's closest relatives under state law.