joint tenancy

law

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Last updated

June 29, 2026

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Joint tenancy is a form of co-ownership where multiple individuals possess an undivided ownership interest in a property. Each joint tenant has the right to possess and use the entire property. If one joint tenant dies, their share automatically passes to the surviving joint tenant(s), a concept known as survivorship. This differs from tenancy in common, where a deceased tenant's share passes to their heirs. In Anglo-American law, joint tenancy can be affected if a tenant conveys their interest during their lifetime, which may convert the ownership structure to a tenancy in common.1

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inheritance
Probate
…as revocable inter vivos trusts, joint tenancies, or “tentative trusts” of bank accounts (so-called Totten trusts), one can achieve the practical effects of a will without probate and without administration. One can also to some extent escape those safeguards that have been established for the protection of creditors and forced…
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…as revocable inter vivos trusts, joint tenancies, or “tentative trusts” of bank accounts (so-called Totten trusts), one can achieve the practical effects of a will without probate and without administration. One can also to some extent escape those safeguards that have been established for the protection of creditors and forced…
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property law
Concurrent individual owners
…co-ownership in Anglo-American jurisdictions are joint tenancy and tenancy in common. In both forms each tenant has the right to possess and the privilege to use the whole thing. If it is physically impracticable for them all to possess or to use the thing, they must agree among themselves who…
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…co-ownership in Anglo-American jurisdictions are joint tenancy and tenancy in common. In both forms each tenant has the right to possess and the privilege to use the whole thing. If it is physically impracticable for them all to possess or to use the thing, they must agree among themselves who…
Read More