This page is also continued from Property >>>> Interest >>>> Estate >>>> Number of Persons Holding an Estate, and the Manner in Which its Held:
1. Ownership or possession of property by two or more persons at the same time. * In modern practice, there are three types of concurrent estates: tenancy in common , joint tenancy, and tenancy by the entirety. — aka concurrent interest. 
Excerpt from Thomas F. Bergin & Paul G. Haskell’s Preface to Estates in Land and Future Interests (2d ed. 1 84):
“A concurrent estate is simply an estate whether present or future, defeasible or non-defeasible, in fee simple, in tail, for life, or for years that is owned by two or more persons at the same time. 0 transfers ‘to A and B and their heirs.’ A and B own a present concurrent estate in fee simple absolute.” 
Types of Concurrent Estates:
joint tenancy – an estate held by two more more persons jointly, with equal rights to share in its enjoyment during their lives, and having as its distinguishing feature the right of survivorship.
- tenancy by the entirety – an (tenancy and) estate in land or in personal property that exists between husband and wife; jointly owned with right to survivorship. — aka estate by the entirety; estate by entireties; estate by the entireties; tenancy by the entirety; tenancy by the entireties.
tenancy in common – a tenancy by two or more persons, in equal or unequal undivided shares, each person having an equal right to possess the whole property but no right of survivorship.
See also cotenancy:
cotenancy – a tenancy with two or more cotenants who both have the right of undivided possession of the property as a whole.
Disclaimer: All material throughout this website is compiled in accordance with Fair Use.
: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4
: Thomas F. Bergin & Paul G. Haskell, Preface to Estates in Land and Future Interests 53 (2d ed. 1 84).
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