tenancy by the entirety
tenancy by the
entirety Finance Definition
A form of property co-ownership in which ownership
passes at the death of one co-owner to the surviving co-owner. Tenancy by the
entirety is similar to joint tenancy with right of survivorship. However,
tenancy by ownership interests are limited to ownership by two persons who are
married when the property is acquired. If the couple divorces, then the
ownership automatically changes to tenancy in common.
Browse dictionary entries near tenancy by the entirety
- tenancy at will
- tenancy
- tenaille
- tenaculum
- tenacity
- tenacious
- tenace
- tenable
- ten-strike
- ten-speed
- tenancy in common
- tenant
- tenant farmer
- tenant services
- tenantable repair
- tenantry
- tench
- tend
- tendance
- tendency
