joint tenancy

joint tenancy

A tenancy with two or more coowners who take identical interests simultaneously by the same instrument and with the same right of possession.

? A joint tenancy differs from a tenancy in common because each joint tenant has a right of survivorship to the other’s share (in some states, this right must be clearly expressed in the conveyance ¡ª otherwise, the tenancy will be presumed to be a tenancy in common). See RIGHT OF SURVIVORSHIP. Cf. tenancy in common. [Cases: Joint Tenancy 1. C.J.S. Estates ¡ì 19; Joint Tenancy¡ì¡ì 2, 4, 7¨C9.]


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