Joint Tenancy
Joint tenancy is a co-ownership form that typically includes a right of survivorship, meaning the surviving joint tenant(s) automatically acquire the deceased tenant's interest. It affects transfer mechanics and estate outcomes compared to tenancy in common.
- Where it applies
- Generally, not specific to New York
- When it comes up
- Ownership; estate/succession events
- Property types
- Residential ownership structuring
Ownership Structures
General information, not legal, tax or financial advice.