Real Estate Term of the Day: Joint Tenancy, Ownership Form, Right of Survivorship, Severalty & Tenancy in Common

Real Estate Term of the Day: Joint Tenancy, Ownership Form, Right of Survivorship, Severalty & Tenancy in Common JOINT TENANCY – ownership of real estate by 2 or more persons, each of whom has an undivided interest with the Right of Survivorship. Typically used by related persons. (Barron’s Dictionary of Real Estate Terms)  OWNERSHIP FORM – … More Real Estate Term of the Day: Joint Tenancy, Ownership Form, Right of Survivorship, Severalty & Tenancy in Common