Joint Tenants definition

Joint Tenants means an arrangement relating to jointly held assets, where in the event of the death of any one person, the assets pass to the surviving party or parties.

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Joint Tenants in this tenancy agreement)

Joint Tenants means more than one person or family unit occupying one rental unit and responsible for paying rent to the landlord separately or jointly ;

Examples of Joint Tenants in a sentence

• If the Joint Tenants with Right of Survivorship box has been marked, on the death of any account holder, the deceased party’s ownership of the account passes to the surviving account holders.

• By signing below, I (spouse of the Account Owner) hereby consent to any designation of Beneficiary(ies) made above and I waive any community and marital property rights to the assets in this account after the death of the Account Owner and/or Joint Tenant(s).

• If You own the Assets in the Account together with another person or persons (individually, the "Owner" and collectively, the "Owners"), You agree, jointly and individually, that all Assets in the account are held as Joint Tenants with Rights of Survivorship and not as Tenants in Common.

• One Joint Tenant cannot terminate the joint tenancy on behalf of all Joint Tenants.

• Yes No Tenancy State Number of Tenants Tenancy Clause Community Property Community Property with Rights of Survivorship Tenants in Common* Tenants by Entirety Joint Tenants with Rights of Survivorship Usufruct (LA Residents only) *Joint account agreement is required for tenants in common.

More Definitions of Joint Tenants

Joint Tenants in this tenancy agreement) SURREY KT (“the Premises”). attached)

Joint Tenants means a Tenancy with two or more Tenants, each of whom is jointly and severally liable for the performance of the obligations in, and the discharge of liabilities under or in connection with a Tenancy.

Joint Tenants. The shares are jointly owned by two or more persons. If one person passes away, all of the shares are transferred to the surviving partner(s).

Joint Tenants means that the purchasers shall co-own the Securities as joint tenants with right of survivorship and not as tenants in common. Each purchaser shall enjoy the right of survivorship; that is, upon the death of one purchaser, the surviving purchaser shall enjoy sole ownership of the Securities. Any sale, transfer, or other disposition of the Securities by either purchaser of his proportionate share thereof shall destroy the right of survivorship.

Joint Tenants. Where two or more persons buy a property they are called joint tenants or tenants in common whether the property is freehold, commonhold or leasehold. Where property is held as a joint tenancy if one owner dies the property passes to the other owner automatically without a Will. If the property is held as Tenants in Common each buyer owns their own share of the property which can only be passed on by sale or by a Will.

Joint Tenants means two or more individuals who own the property in equal portions, with an equal right to use the whole property. When one joint tenant dies, the property is transferred to the surviving joint tenant immediately before the moment of death, and does not become a part of the estate of the deceased joint tenant.

Joint Tenants. The bond is jointly owned by two or more persons. If one person passes away, all of the bond is transferred to the surviving partner(s).