Joint tenant


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(Law) one who holds an estate by joint tenancy. Contrassted with tenant in common.
- Blackstone.

See also: Joint

References in periodicals archive ?
Pro: Joint tenants enjoy right of survivorship, so you won't have to worry about fighting the estate or relatives for the house in the event of your partner's death.
King "with terminally ill persons as joint tenants with rights of survivorship.
Massachusetts is a title-theory state, which means that if a joint tenant unilaterally mortgages the joint tenancy property, the property becomes a tenancy in common, because it destroys the unity of title.
Each joint tenant is assumed to have an equal share, so there's no flexibility in allocating capital and profits interests.
In general, property is owned outright, as tenants in common, as joint tenants with rights of survivorship, or as community property.
This may cause creditors and governmental agencies to pursue the beneficiaries or surviving joint tenants in an effort to collect on the amounts owed.
In general, property is owned outright, as tenants in common, as joint tenants with rights of survivorship, or as community property (in some states, such as California, including community property with right of survivorship).
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.
For nonspousal joint tenancies, the entire value of the property is included in the estate of the first joint tenant to die unless the decedent's estate can prove that the survivor provided some consideration for his interest.
In another scenario, let's say Mom has the seemingly bright idea of putting a daughter's name on her house as a joint tenant, thus preventing it from going through probate when she dies.
I freely accept that I had become a joint tenant, but was annoyed and angered that such a cost was placed upon us.
Conversely, in a joint tenancy with right of survivorship, each person has only his or her separate share ("per my") presumed to be equal for purposes of alienation, but for purposes of survivorship, each joint tenant owns the whole, so that upon death, the remainder of the estate passes to the survivor.

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