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joint tenancy with right of survivorship
Definition
Ownership of property by two or more people in which the survivors automatically gain ownership of a decedent's interest.
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Nearby Terms
- joint return
- joint return test
- Joint Stock Company
- joint tax return
- joint tenancy
- joint tenancy with right of survivorship
- joint venture
- joint will
- joint-life payout
- jointly
- jointly and severally
