Joint tenancy

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(Law) a tenure by two or more persons of estate by unity of interest, title, time, and possession, under which the survivor takes the whole.

See also: Joint

References in periodicals archive ?
Joint tenancies are "very convenient" for unmarried couples because when one partner dies, property ownership transfers to the survivor.
Joint tenancies are "very convenient" for unmarried couples, Goffe said, because at the death of one partner, property ownership transfers to the survivor.
Shropshire Council is setting up a Framework of service providers for Supported Living Services for adults with learning disabilities who live in single or joint tenancies in the community.
Renters in joint tenancies could be caught in agreements they can no longer afford when one or more parties leaves the household.
While joint tenancies and tenancies in common are usually created by a grant, conveyance, will, or intestacy, they can also arise from occupancy (taking possession of unowned land), which is particularly relevant to our discussion because the common law test for sufficiency of occupation to acquire a title by occupancy is the test the Supreme Court found relevant for proof of Aboriginal title in Tsilhqot'in Nation.
Joint ownership is allowed by way of either joint tenancies or tenancies in common.
Another advantage of joint tenancies is that they are typically difficult to challenge, as the property passes directly to the surviving joint tenant upon the other joint tenant's death.
Examine a best practice case study on offering single housing applicants the opportunity to establish joint tenancies with others
Although TBEs and joint tenancies with right of survivorship share many characteristics, there are very significant differences in the legal consequences between these forms of ownership when one spouse declares bankruptcy, attempts to recover monies transferred by the other spouse without permission, or has a creditor unique to that spouse seeking to attach these assets.
Every lawyer whose practice touches the real estate field needs to know the concept of severance of joint tenancies.
The solution to this problem is to sever joint tenancies and transfer the property through the terms of the will or trust at the time of death," said McEowen.

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