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Joint tenancy
(redirected from Joint tenants)

   Also found in: Legal, Wikipedia 0.03 sec.
(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


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provided a $1,300,000 loan to Gary Pereira and Linda Pereira, as Joint Tenants, for the acquisition of Lindenwood Court Apartments.
One solution to this dilemma has been for couples to take title as joint tenants with right of survivorship, but then have an acknowledgment--usually inside a trust or will--stating their intention that the property remain a community" asset, regardless of the form of title.
In contrast, general partners, joint ventures, tenants-in-common and joint tenants are not separate persons.
 
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