Joint Tenancy

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Dictionary Says

Definition of 'Joint Tenancy'

A type of property right where two or more people own or rent a property together, each with equal rights and obligations, until one owner dies. Upon an owner's death, that owner's interest in the property passes to the survivors without the property having to go through probate.

 

 
Investopedia Says

Investopedia explains 'Joint Tenancy'

Joint tenancy can be created by deed or by will. For example, an unmarried couple purchases a house. At the time of purchase, the real estate agent asks the couple how they want to own the home. If they opt for joint tenancy, the deed to the property will then name the two owners as joint tenants. Then if one person dies, the other person will automatically become the full owner of the property.  

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Search results for

'Joint Tenancy'

  • The Benefits And Pitfalls Of Joint Tenancy

    http://www.investopedia.com/articles/pf/08/joint-tenancy.asp
    The Benefits And Pitfalls Of Joint Tenancy. April ... However, there are some things
    you should consider before entering joint tenancy. Here ...

  • Holding Titles On Real Property

    http://www.investopedia.com/articles/mortgages-real-estate/08/title-ownership-property.asp
    ... Joint Tenancy Joint tenancy occurs when two or more people hold title to real estate
    jointly, with equal rights to enjoy the property during their lives; in ...

  • Estate Planning: Will Substitutes | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning5.asp
    ... Right of Survivorship Joint tenancy with right of survivorship (JTWROS) and tenancy
    by entirety (TBE) transfer assets directly to the surviving tenant at the ...

  • Why You Shouldn't Let Your Partner Do The Books

    http://www.investopedia.com/articles/pf/08/spouse-checklist.asp
    ... settled. To avoid this scenario, make sure that all accounts are titled
    in both partners' names and held in joint tenancy. Another ...

  • Skipping-Out on Probate Costs

    http://www.investopedia.com/articles/04/121304.asp
    ... 5. Use joint ownership - 'Joint tenancy with right of survivorship,' 'tenancy by
    the entirety', and 'community property with right of survivorship' are the ...

  • How To Break Up With Your Bank

    http://www.investopedia.com/articles/pf/08/switch-bank-accounts.asp
    ... account. (The Benefits and Pitfalls of Joint Tenancy explains why, in some
    cases, opening a joint account may not be a great idea.); ...

  • Introduction To Annuities: Advantages And Disadvantages ...

    http://www.investopedia.com/university/annuities/annuities2.asp
    ... necessarily. There can also be more than one owner on a contract; all forms
    of joint tenancy are permitted for annuity ownership. ...

  • Estate Planning: Introduction To Wills | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning3.asp
    ... Assets not subject to probate include the following: Property conveyed by deeds
    of title. Property held by joint tenancy with rights of survivorship (JTWROS). ...

  • Estate Planning Must-Haves For Unmarried Couples

    http://www.investopedia.com/articles/retirement/08/unmarried-couple-documents.asp
    ... (For more information on JTWROS, read The Benefits And Pitfalls Of Joint Tenancy.);
    Trusts A trust is another option for owning property. ...

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