Mar 09 , 2016

Tampa School of Real Estate

Joint Tenancy

Definition:   An estate or interest owned by two or more persons, all owning equal shares with right of survivorship.

Pronunciation:   \ˈjȯint\ \ˈte-nən(t)-sē\

Used in a Sentence:   The three brothers entered into a joint tenancy in the ownership of their property.

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