Tenancy By The Entirety Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Tenancy By The Entirety, written in plain English, along with examples of how it is used.
What is Tenancy By The Entirety?
The ownership of the property jointly held by a husband and his wife with same interest and one title.The entire property is held by both of them and the survivor of the both is entitled to full ownership of the property.In this case any deals in the property either sale, purchase or development is done only with the consent of the other partner if alive. The ownership can be altered either mutually or on divorce.