Jointly held property definition

Jointly held property means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property.
Jointly held property means property held in the name of two (2) or more persons under an arrangement in which all holders have concurrent interests and under which the
Jointly held property means property held in the name of two

Examples of Jointly held property in a sentence

  • Jointly held property shall be divided in proportion to the amount each party contributed to acquisition.


More Definitions of Jointly held property

Jointly held property means property held in the name of two or more persons under an arrangement
Jointly held property means property held in the name of two or more persons under an arrangement pursuant to which:
Jointly held property means property held in the name of two (2) or more persons under an arrangement in which all holders have concurrent
Jointly held property means property held in the names of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property. Jointly held property does not include property held as tenants by the entirety.
Jointly held property means property held in the name of two or more persons
Jointly held property means property held in the
Jointly held property. ' means property held in the name of 2 or more persons under an arrangement in which all owners have concurrent interests and under which the last surviving owner is entitled to the whole of the property. The term "jointly held property'' specifically includes a tenancy by the entirety, and an "owner'' shall include a tenant by the entirety.