joint and survivorship estate
- joint and survivorship estate
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A joint tenancy; an estate held by two or more jointly to continue during their joint lives and to vest upon the death of one in the remaining joint tenant or joint tenants, and so on, in a case of more than two joint tenants, until the survivor of all of them takes the entire estate.
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
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Survivorship — Sur*viv or*ship, n. 1. The state of being a survivor. [1913 Webster] 1. (Law) The right of a joint tenant, or other person who has a joint interest in an estate, to take the whole estate upon the death of other. Blackstone. [1913 Webster] {Chance … The Collaborative International Dictionary of English
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joint tenancy — An estate held by two or more persons jointly, with equal rights to share in its enjoyment during their lives, and having as its distinguishing feature the right of survivorship, or jus accrescendi, by virtue of which the entire estate, upon the… … Ballentine's law dictionary