Tenancy By The Entirety

Definition of "Tenancy by the entirety"

Krista Wilhite real estate agent

Written by

Krista Wilhiteelite badge icon

Realty One Group Music City

Type of ownership by husband and wife, recognized in 27 states, in which the rights of the deceased spouse pass to the survivor. It is the same as joint tenancy, except that one spouse cannot sell his or her share without approval of the other spouse.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

House made using standardized components that are preassembled on an assembly line in a factory rather than being built from "scratch" on a site. Normally, the prefabricate house is trucked ...

Insulation covered on each side by a material, such as metal. ...

An insurance contract or home warranty, usually for one year, covering electrical, plumbing, heating, etc. ...

Portion of a construction loan withheld by a lender from a contractor until all construction work is satisfactorily completed or sufficient space is rented in a floor loan. The holdback ...

Property to be used by a retail business in the sale of merchandise or rendering of services. An example of retail property is a store. ...

Part of a capital gain constituting tax benefits previously taken and taxed as ordinary income. ...

The term agricultural property means a type of land that has been designed or is permitted to engage in agricultural activities. Also referred to as agricultural land, agricultural ...

Same as term soil porosity: Extent to which soil has cavities or pores, thereby allowing water to pass through. ...

An entrance hallway from the outside of a building. Foyers are intended as a gathering place for people either before exiting or upon entrance. ...

Popular Real Estate Questions