What is the meaning of Joint Ownership?

Also called joint tenancy, this phrase refers to ownership of property by two or more persons, generally with right of survivorship (upon the death of one owner, the surviving owner or owners assume ownership).

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APABarry Goldsmith. (2010). joint ownership. Retrieved September 20, 2026, from http://smartdefine.org/joint_ownership/definitions/1156686
ChicagoBarry Goldsmith. 2010. "joint ownership" http://smartdefine.org/joint_ownership/definitions/1156686 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, joint ownership, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/joint_ownership/definitions/1156686>.
MLABarry Goldsmith. "joint ownership" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/joint_ownership/definitions/1156686>