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 ?
Inexplicably, Cooke was allowed joint tenancy at their home in Granville Road, Old Hill, just a week later after Sandwell Council's housing department was told the supervision order had been revoked.
Joint tenancy would pass the property to the surviving spouse.
The lawyer can walk you through legal concepts like tenancy in common or joint tenancy, which have different ownership implications.
"The joint tenancy reflects the parties' agreement on the disposition of the property upon the death of either.
"Many spouses co-own property by way of a joint tenancy. The law at present means where one spouse dies, even if his/her death is as a result of being killed by the other, ownership of the property automatically transfers to the surviving co-owner.
The fifth major trend is a continuing shift away from sole ownership and joint tenancy towards more institutionalized ownership structures such as trusts and corporations.
In order to leave your share to charity you will have to 'sever' the joint tenancy - in other words become tenants in common owning separate shares.
Richardson found that, as a married couple, Gay and Phil LaMonica were effectively considered a single person under the law and as such, despite joint tenancy, the ownership stakes did not change when one of them died.
ENDING A JOINT TENANCY You're a joint tenant if there's more than one tenant named in the tenancy agreement.
If one tenant wants to give up their liability when they move out, both tenants would need to end the joint tenancy agreement and ask the landlord to draw up a new contract.
"You can apply for a 'transfer of tenancy' if your landlord refuses to change your contract - this is a court order that can change your ex-partner's tenancy to your name, or remove their name from a joint tenancy."
A report to Flintshire council's planning committee said it will be built and owned by the Welsh Government and would operate on the basis of a joint tenancy between Airbus UK and The University of Sheffield's Advanced Research Centre.

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