A joint tenancy is treated specially, since it includes the right of the survivor to get the entire property when the other dies (right of survivorship). (See: joint tenancy, joint and several, joint venture, tenancy in common) Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. ...
Joint tenants with right of survivorship joint venture jointly and severally Jointly liable Jointly Owned Property joint-profit maximization Joint-Stock Bank joint-stock company Jones Act Jonestown defense JOR Jordanian Dinar Joseph Effect Joseph P. Kennedy ...
, then A and B are joint tenants of a 2/3 undivided share and C owns the other 1/3.With these theoretical points explained, it is possible to understand (rather than just be aware of) one of the key practical differences between joint tenancies and tenancies in common - survivorship. ...
Problems also arise with jointly owned property in the US if it is established as a joint tenancy withright of survivorship, often where a child is listed as a partial owner to help the parent manage the bills for the property. Should the parent die, issues can arise as to whether the ...