What does joint tenancy mean in real estate?

Henry Morgan | 2023-05-07 23:44:02 | page views:1716
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Harper Wright

Studied at University of Chicago, Lives in Chicago, IL
A joint tenancy or joint tenancy with right of survivorship (JTROS, JTWROS or JT TEN WROS) is a type of concurrent estate in which co-owners have a right of survivorship, meaning that if one owner dies, that owner's interest in the property will pass to the surviving owner or owners by operation of law, and avoiding ...
2023-05-10 23:44:02

Ethan Anderson

QuesHub.com delivers expert answers and knowledge to you.
A joint tenancy or joint tenancy with right of survivorship (JTROS, JTWROS or JT TEN WROS) is a type of concurrent estate in which co-owners have a right of survivorship, meaning that if one owner dies, that owner's interest in the property will pass to the surviving owner or owners by operation of law, and avoiding ...
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