joint tenant

Definition of "joint tenant"
  1. An individual who has ownership rights in a property shared with one or more people, with all parties having equal rights
How to use "joint tenant" in a sentence
  1. The bank requires all joint tenants to sign the mortgage agreement for the loan to be approved.
  2. When one of the joint tenants passed away, the property automatically belonged to the remaining tenant.
  3. The joint tenants decided to sell the property and divide the proceeds equally.

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