Tenants by the entirety definition

Tenants by the entirety means a tenancy which is created between a husband and wife and by which together they hold title to the whole with right of survivorship so that, upon death of either, the other takes whole to exclusion of the deceased's remaining heirs.
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Tenants by the entirety means an undivided equal ownership interest with survivorship rights in real property with one’s spouse.
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Tenants by the entirety. The signatures of all parties are required. PARTNERSHIP: The Subscription Agreement must be accompanied by a copy of the signed partnership agreement. TRUST: The Subscription Agreement must be accompanied by a copy of the signed trust agreement. CORPORATION: The Subscription Agreement must be accompanied by a certified copy of the resolution of the Board of Directors of the subscribing corporation designating the officer(s) of that corporation authorized to sign on behalf of that corporation and of the resolution of that Board of Directors authorizing the purchase of Offered Shares.
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Examples of Tenants by the entirety in a sentence

  • Tenants by the entirety, orJoint tenants with right of survivorship if the decedent and the decedent's spouse are the only joint tenants.Interests that meet either of the two requirements above should be entered in Part 1.

  • Tenants by the entirety in real and personal property;certain trusts.55-20.2 Article 4.

  • Joint: Tenants with rights of survivorship Not available in Louisiana.Joint: Tenants in common* Joint: Community property Joint: Tenants by the entirety Joint: UsufructAvailable ONLY in Louisiana.

  • Tenants by the entirety, orJoint tenants with right of survivorship if the decedent and the decedent's spouse are the only joint tenants.Interests that meet either of the two requirements above should be enteredin Part 1.

  • Creation of joint tenancy presumed -- Tenancy in common -- Severance of joint tenancy -- Tenants by the entirety -- Tenants holding as community property.

  • Tenants by the entirety are each deemed to own an undivided, one hundred per cent interest in property..

  • Under IRC §2040(b)(2), a joint interest is a qualified joint interest if the decedent and the surviving spouse held the interest as:• Tenants by the entirety; or• Joint tenants with right of survivorship if the decedent and the decedent’s spouse are the only joint tenants.Interests that meet either of the two requirements above should be entered in Part 1.

  • Tenants by the entirety offers wonderful creditor protection to the spouses, but at the moment when the final divorce decree is entered, the tenancy automatically changes from tenants by the entirety to tenant in common, which does not enjoy the same creditor protection.

  • Tenants by the entirety (TBE)⚫ Similar to a JT, but may exist only between a husband and wife.⚫ To convey TBE property, both spouses must sign.⚫ Neither spouse, acting alone, can sever a TBE.

  • Tenants by the entirety in real and personal property; certain trusts.A. Spouses may own real or personal property as tenants by the entirety for as long as they are married.


More Definitions of Tenants by the entirety

Tenants by the entirety means that the purchasers, who are husband and wife, shall co-own the Securities as tenants by the entirety. Each purchaser shall enjoy the right of survivorship and such right may not be defeated by any unilateral act of either purchaser; that is neither purchaser may sell, transfer, or otherwise dispose of his proportionate share of the Securities without the prior express consent of the other purchaser. This form of ownership is not recognized in all states. The Subscriber(s) should consult legal counsel before selecting this form of ownership. ENTITY SUBSCRIPTION INFORMATION ------------------------------- (attach additional pages if necessary)
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Tenants by the entirety means an undivided equal ownership interest with survivorship rights in
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Tenants by the entirety means a tenancy which is created between a husband and wife and by which together they hold title to the whole with right of survivorship so that, upon death of either, the other takes whole to exclusion of deceased the deceased's remaining heirs.18 VAC 50-22-20. Definitions of license/certificate classifications. The following words and terms, when used in this chapter, unless a different meaning is provided or is plainly required by the context, shall have the following meanings:
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Tenants by the entirety means an equal and undivided ownership interest in real property by a married couple where neither spouse can voluntarily dispose of her or his interest in the property, and interest passes to surviving spouse.
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Tenants by the entirety means an undivided equal ownership interest with survivorship rights inreal property with one’s spouse.
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Related to Tenants by the entirety

  • Rentable Area of Premises on Page 1 of the Lease shall be deleted in their entirety and replaced with the following:

  • Residential facility for persons with a disability means a residence:

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Outer burial container means any container which is designed for placement in the ground around a casket or an urn including but not limited to containers commonly known as burial vaults, urn vaults, grave boxes, grave liners, and lawn crypts.

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Tenant's Address 000 Xxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxx 00000.

  • Premises Total Destruction means damage or destruction to the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which cannot reasonably be repaired in six (6) months or less from the date of the damage or destruction. Lessor shall notify Lessee in writing within thirty (30) days from the date of the damage or destruction as to whether or not the damage is Partial or Total.

  • Premises Partial Damage means damage or destruction to the Premises, other than Lessee-Owned Alterations and Utility Installations, the repair cost of which damage or destruction is less than fifty percent (50%) of the then Replacement Cost (as defined in Paragraph 9.1(d)) of the Premises (excluding Lessee-Owned Alterations and Utility Installations and Trade Fixtures) immediately prior to such damage or destruction.

  • Temporary Occupation Permit means a Temporary Occupation Permit issued under the Building Control Act (Cap. 29);

  • temporary building or structure means a Building or structure constructed or erected or placed on land for a continuous period not exceeding twelve months, or an addition or alteration to a Building or structure that has the effect of increasing the total floor area thereof for a continuous period not exceeding twelve months;

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the Lease for such Leased Real Property.

  • Occupying means in, upon, getting in, on, out or off.

  • Area of shallow flooding means a designated AO or AH Zone on a community's Flood Insurance Rate Map (FIRM) with one percent or greater annual chance of flooding to an average depth of one to three feet where a clearly defined channel does not exist, where the path of flooding is unpredictable and indeterminate; and where velocity flow may be evident. Such flooding is characterized by ponding or sheet flow.

  • Construction and Demolition Debris means and includes:

  • Leasehold of any Person shall mean all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • Building, structure, facility, or installation means all of the pollutant-emitting activities which belong to the same industrial grouping, are located on one or more contiguous or adjacent properties, and are under the control of the same person (or persons under common control) except the activities of any vessel. Pollutant-emitting activities shall be considered as part of the same industrial grouping if they belong to the same major group (i.e., which have the same two-digit code) as described in the Standard Industrial Classification Manual, 1972, as amended by the 1977 Supplement (U.S. Government Printing Office stock numbers 4101-0066 and 003-005-00176-0, respectively).

  • Exterior container means a MIL-STD-129 defined container, bundle, or assembly that is sufficient by reason of material, design, and construction to protect unit packs and intermediate containers and their contents during shipment and storage. It can be a unit pack or a container with a combination of unit packs or intermediate containers. An exterior container may or may not be used as a shipping container.

  • Persons with disabilities means persons who have long-term physical, mental, intellectual or sensory impairments which in interaction with various barriers may hinder their full and effective participation in society on an equal basis with others;

  • Premises Building Partial Damage means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is less than fifty percent (50%) of the then Replacement Cost of the building.

  • Construction permit is defined in Section 4.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • area of supply means the area within which a distribution licensee is authorised by his licence to supply electricity;