FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/R8HTEJBbwGF5UCcvBsSJKmg
Label Joint Tenancy
Preferred Label Joint Ownership
Identifier N/A
Alternative Labels
Equal Share Ownership Joint Ownership with Right of Survivorship Survivorship Tenancy

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.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available