Clancey Property Concurrent Estates Mod3
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Estates in land which are held at the same time by two or more pesons, each having the right to enjoyment and possession of the land at the same time.
A form of concurrent ownership whereing each co-tenant owns an undivided share of property and the surviving co-tenant takes the deceased's share free of his interest.
Tenancy in Common
A concurrent estate with no right of survivorship. Each owner has a distinct, proportionate, undivided interest in property which is freely alienable by inter vivos and testamentary transfer.
Tenancy by the Entirety
A concurrent estate which can only be created between husband and wife with right of survivorship. It cannot be severed without the consent of both parties.
A remedy available to a joint tenant or tenant in common to have the co-tenancy terminated and divide the common property.
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