joint tenancy
noun[U]
LAW,PROPERTYukusalegalagreementin which two or morepeopleorgroupstogether own apieceofproperty, and in which all of thepropertypassesautomaticallyto oneownerif theothersdie
Compare
tenancy in common
Examplesofjoint tenancy
joint tenancy
For example, types of joint ownership (title) may include tenancy in common,jointtenancywith right of survivorship, or joint tenancy by the entireties.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Where the property is money held in a joint bank account, the presumption is that it is ajointtenancyof that account.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The unity of time rule requires ajointtenancybe granted both parties at the same time.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In ajointtenancy, the law presumes owners agree that if one owner dies, his or her whole share will pass to the other owners.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.However, a growing trend for husbands and wives is to create joint trusts where both are grantors of the trust, thus mirroring the familiar concept ofjointtenancyownership.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Realty, or heritable property, on the other hand, was originally inherited injointtenancy, termed gavelkind, and passed on to the kin group as a whole.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The estate which they thus hold is called an estate injointtenancy.
From theCambridge English Corpus
The grand incident ofjointtenancyis survivorship, by which the entire tenancy on the decease of any joint tenant remains to the survivor.
From theCambridge English Corpus
Black's entry forjointtenancyran to 153 words (citing two statutes and no cases).
From theCambridge English Corpus
There is also the principle of survivorship in the case of ajointtenancyin equity.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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