Joint Tenants


Definition of "Joint tenants"

Property owned by two or more parties in such a way that at the death of one, the survivors retain complete ownership of the property.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Unity Of Possession

Principle stating that the joint tenants must have equal rights to possession of the whole property. ...

Unity

Legal dictate that must exist for property to be owned as joint tenants. ...

Unity Of Interest

in joint tenancy, the joint tenants must acquire their interest by the same conveyance and the interest must be equal. ...

Unity Of Time

Principle stating that all joint tenants must acquire their interest from the same deed or will. ...

Join Tenancy

A type of property coownership of two or more individuals to whom real property is deeded and who together have an undivided interest in it as a whole ...

Mortality Risk

Measure of the sensitivity of the insurance company's liability for resultant higher mortality rates than charged for in the premium. ...

Popular Real Estate FAQ

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate? The Ugly Truth About Open Houses

FAQ

If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is a conventional mortgage? What is a APR Loan? What is a balloon mortgage? What is comprehensive homeowners insurance?