joint tenancy

noun

, Law.

1. a holding of property, either real or personal, by two or more persons with each sharing the undivided interest, the entire tenancy passing to the survivor or survivors.

Example Sentences

However, campaigners have warned the "joint tenancy loophole" means that, in many flat-shares, landlords are free to increase the rent by as much as they want when one person leaves.

From BBC

Make sure you understand the differences between joint tenancy and tenants-in-common.

From Slate

There are a few common ways to handle the title like sole ownership, joint tenancy, and tenancy in common.

From Slate

Joint tenancy allows two or more people to own the property and share equal rights and obligations.

From Slate

An estate attorney can also help co-buyers understand options for titling the home, such as joint tenancy or tenancy in common.

From Seattle Times