Estate in Joint Tenancy
/ˈɛsteɪt ɪn dʒɔɪnt ˈtɛnənsi/
Definitions
- (n.) A form of co-ownership where two or more persons hold property jointly with equal rights and survivorship.
Upon the death of one joint tenant, the estate in joint tenancy passes automatically to the surviving joint tenants.
Forms
- estate in joint tenancy
Related terms
See also
Commentary
Usage often highlights the right of survivorship distinguishing it from tenancy in common, important in estate planning to avoid probate.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.