joint tenants

joint tenants
Two or more persons who jointly own an interest in land. When one dies, the other(s) takes his share by right of survivorship. No one tenant has rights to any particular part of the property and no tenant may exclude another.

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  • Joint Tenants in Common - JTIC — A type of brokerage account which is owned by at least two people with no rights of survivorship afforded to any of the account holders. In this type of brokerage account, a surviving tenant of the account does not necessarily acquire the rights… …   Investment dictionary

  • Joint Tenants with Right of Survivorship - JTWROS — A type of brokerage account which is owned by at least two people, where all tenants have an equal right to the account s assets and are afforded survivorship rights in the event of the death of another account holder. In this type of brokerage… …   Investment dictionary

  • joint tenants with right of survivorship — In the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders. Bloomberg Financial Dictionary …   Financial and business terms

  • joint tenancy — see tenancy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint tenancy …   Law dictionary

  • Joint — (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster] 2. Involving the united activity of two or more; done or produced by two or more working together. [1913… …   The Collaborative International Dictionary of English

  • Joint and several — Joint Joint (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster] 2. Involving the united activity of two or more; done or produced by two or more working together …   The Collaborative International Dictionary of English

  • Joint committee — Joint Joint (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster] 2. Involving the united activity of two or more; done or produced by two or more working together …   The Collaborative International Dictionary of English

  • Joint meeting — Joint Joint (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster] 2. Involving the united activity of two or more; done or produced by two or more working together …   The Collaborative International Dictionary of English

  • Joint resolution — Joint Joint (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster] 2. Involving the united activity of two or more; done or produced by two or more working together …   The Collaborative International Dictionary of English

  • Joint rule — Joint Joint (joint), a. [F., p. p. of joindre. See {Join}.] [1913 Webster] 1. Joined; united; combined; concerted; as, joint action. [1913 Webster] 2. Involving the united activity of two or more; done or produced by two or more working together …   The Collaborative International Dictionary of English

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