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Meaning of joint tenancy

Source language: EnglishDictionary language: English

joint tenancy

noun

Definitions

  1. A form of ownership by two or more individuals in which the share in the asset belonging to any of the owners passes automatically to the other owners upon death, without requiring probate.

Sources:https://en.wiktionary.org/wiki/joint%20tenancy

Related words

joint tenanttenancy in commontenant in commoncotenancyunityjoint willtenancy by the entiretycotenant