{"iri":"https://folio.openlegalstandard.org/R8HTEJBbwGF5UCcvBsSJKmg","label":"Joint Tenancy","sub_class_of":["https://folio.openlegalstandard.org/RMo0rWec8owXGDAYl6PGNG"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Joint Ownership","alternative_labels":["Equal Share Ownership","Joint Ownership with Right of Survivorship","Survivorship Tenancy"],"translations":{},"hidden_label":null,"definition":"Joint Tenancy is a form of concurrent ownership where two or more individuals hold equal shares in a property with the right of survivorship. This means that upon the death of one joint tenant, their share automatically passes to the surviving joint tenants.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}