Tenancy By The Entirety
Definition of "Tenancy by the entirety"
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.
Popular Real Estate Terms
Government official who values real estate property for tax purposes and ascertains the annual property tax assessments that must be collected. ...
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Unable to move a structure so it must stay where it is. Except for mobile homes, property is fixed at a particular site. Inability of a person to move because he or she is attached in ...
A reciprocal transfer of property from one entity to another. A market for securities of a real estate companies, such as the New York Stock Exchange (NYSE) ...
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