FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RBMaj7l7i5c32ED9ErRHsnO
Label Tenancy by the Entirety
Preferred Label Spousal Ownership
Identifier N/A
Alternative Labels
Joint Spousal Tenancy Marital Joint Ownership Marital Property Ownership

Definition

Tenancy by the Entirety is a form of concurrent property ownership available only to married couples, where both spouses hold equal and undivided interest in the property with the right of survivorship. This type of ownership ensures that upon the death of one spouse, the surviving spouse automatically inherits the entire property, and the property cannot be sold or encumbered without the consent of both parties.

Class Relationships

Parent Class Of 0

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Class Hierarchy Visualization

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Additional Information

Metadata

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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