Jun 01 , 2016

Tampa School of Real Estate

Right Of Survivorship

Definition:   a legal concept whereby the surviving owners of a joint interest in real property are entitled to the interest formerly owned by one or more deceased owners without the need for probabe proceedings

Pronunciation:       \ˈsu̇r-ˈvī-vər-ˌship\

Used in a Sentence:    A joint tenancy is characterized by the right of survivorship.

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