{"id":8381,"date":"2017-11-18T21:54:54","date_gmt":"2017-11-18T21:54:54","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=8381"},"modified":"2018-06-09T15:01:19","modified_gmt":"2018-06-09T15:01:19","slug":"joint-ownership-undivided-ownership-shared-by-two-or-more-persons-wherein-an-owners-interest-at-death-passes-to-the-surviving-owners-by-virtue-of-the-right-of-survivorship","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=8381","title":{"rendered":"joint ownership – undivided ownership shared by two or more persons wherein an owner\u2019s interest, at death, passes to the surviving owner(s) by virtue of the right of survivorship"},"content":{"rendered":"

\u00a0 \u00a0 \u00a0This page is continued from\u00a0Property<\/a>\u00a0 >>>>\u00a0Ownership<\/a>\u00a0>>>>\u00a0Various Forms of Ownership, Interest, and Estates<\/a>\u00a0>>>> Forms of Qualified\u00a0 (less than absolute) Ownership<\/a>:<\/strong><\/span><\/p>\n

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joint ownership<\/span>:<\/span><\/strong><\/span>
\n(18c)<\/span><\/span><\/p>\n

1. Undivided ownership shared by two or more persons.\u00a0 *\u00a0 Typically, an owner\u2019s interest, at death, passes to the surviving owner or owners by virtue of the right of survivorship.<\/strong> [1]<\/span><\/p>\n

1. In one sense, a joint tenancy<\/a> or a tenancy by the entirety<\/a>.<\/span><\/strong><\/span><\/p>\n

2. In another sense, any property owned together with another, including a tenancy in common and community property.<\/strong> [3]<\/span><\/p>\n

joint owners<\/span>:<\/span><\/strong><\/span><\/p>\n

1. Co-owners.<\/span><\/strong><\/span>
\n\u00a0 \u00a0 \u00a0See cotenancy<\/em>. [2]<\/span><\/p>\n

Related Terms:<\/span><\/strong><\/p>\n

tenancy by the entirety<\/span><\/a> – an estate in land or in personal property that exists between husband and wife; jointly owned with right to survivorship.\u00a0. <\/strong>\u2014 aka estate by the entirety<\/strong><\/em><\/span>; estate by entireties<\/strong><\/em><\/span>; estate by the entireties<\/strong><\/em><\/span>; tenancy by the entirety<\/strong><\/em><\/span>; tenancy by the entireties<\/strong><\/em><\/span>.<\/span><\/p>\n

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References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is compiled in accordance with Fair Use<\/a>.<\/span><\/strong><\/p>\n

[1]: Black’s Law Dictionary <\/a><\/span><\/strong>Deluxe<\/b><\/span><\/a><\/em> Tenth<\/b><\/span><\/a><\/em> Edition<\/b><\/span><\/a><\/em> by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4 <\/span><\/strong><\/p>\n

[2]:\u00a0\u00a0Ballantine\u2019s Law Dictionary <\/a><\/span><\/strong>Legal<\/b><\/span><\/a><\/em> Assistant<\/b><\/span><\/a><\/em> Edition<\/b><\/span><\/a><\/em>
\nby Jack Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Doctored<\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/span><\/strong><\/p>\n

[3]: Ballantine\u2019s Law <\/a><\/span><\/strong>Dictionary\u00a0<\/b><\/span><\/a><\/strong>with<\/b><\/span><\/a><\/em> Pronunciations<\/b><\/span><\/a><\/em> Third Edition<\/a>\u00a0by James A. Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Edited by William S. Anderson.\u00a0\u00a0\u00a9 1969 by THE LAWYER\u2019S CO-OPERATIVE PUBLISHING COMPANY.\u00a0 Library of Congress Catalog Card No. 68-30931<\/span><\/strong><\/p>\n

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