Term
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Definition
| Concurrent property ownership in which two or more persons (cotenants) own equal or unequal undivided fractional shares of the property; on death, a cotenant's share passes by testate or intestate succession |
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Term
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Definition
| Concurrent property ownership in which two or more persons (joint tenants) own equal undivided fractional shares of property with right of survivorship; on death, a joint tenant's share passes to the remaining joint tenants by operation of law |
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Term
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Definition
| Special kind of joint tenancy between spouses |
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Term
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Definition
| Right to succeed to property on a joint tenant's death by operation of law |
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