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A joint tenancy or joint tenancy with right of survivorship (JTWROS) is a type of concurrent estate in which co-owners have a right of survivorship, meaning that if one owner dies, that owner's interest in the property will pass to the surviving owner or owners by operation of law, and avoiding probate. The deceased owner's interest in the ...
The four unities is a concept in the common law of real property that describes conditions that must exist in order to create certain kinds of property interests. . Specifically, these four unities must be met for two or more people to own property as joint tenants with legal right of survivorship, or for a married couple to own property as tenants by
Jointure was a legal concept used largely in late mediaeval and early modern Britain, denoting the estate given to a married couple by the husband's family.One of its most important functions was providing a livelihood for the wife if she became widowed, and it is most often used in this sense, interchangeably with dower.
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Joint filers (such as married couples) can exclude up to twice as much capital gain as a single filer. This way, the first $500,000 of gains a couple makes from selling their primary residence isn ...
In some U.S. states, tenancy by the entirety is limited to realty (e.g. the couple take title to the family home as tenants by the entirety) while other states make it available for both realty and personality (e.g. the couple can also take title to the family automobile as tenants by the entirety).
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Community of Acquests and Gains: Each spouse owns an undivided half-interest in all property acquired during the marriage, except for property acquired by gift or inheritance during the marriage, which is separate property; or which traces to separate property acquired before the marriage, which remains separate property; or which is acquired during a period when the couple are permanently ...