Three kinds of concurrent estates

Three kinds of concurrent estates 


  1. Tenancy by the entirety 
  2. Tenancy in common
  3. The Joint Tenancy
Tenancy by the entirety This means joint ownership of the property by a husband and wife. If one spouse dies, the entire property will pass to the surviving spouse.

Tenancy in common The tenants own their shares of the property but do not have the right of survivorship.

The Joint Tenancy The tenant's own undivided shares of the property, with "the right of survivorship"- that is, a joint tenant's property interest will pass to the others upon their death


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