BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A joint tenancy may be created by a Will or deed. There can be also be a tenancy by entirety. This type of co-ownership is exclusively for a husband and wife. Tenancy by the entirety provides the right of survivorship.

Detailed explanation-2: -Existence of Tenancy by Entirety in India TBE form of ownership is exclusively for property shared by legally married individuals. The right of survivor also operates in full in the case of the tenancy. In the event of one’s death, their value is passed on automatically to another.

Detailed explanation-3: -These forms of co-ownership include tenants in common, joint tenants with right of survivorship, tenancy by the entirety, and community property. The form of co-ownership should be specified on the deed to the property.

Detailed explanation-4: -Examining The 4 Types Of Co-Ownerships.

Detailed explanation-5: -Here, each of the spouses has an equal share and interest over the house. In the case of divorce, each spouse may sell his or her share in the property. Once there is a sale, the joint tenancy becomes a tenancy in common. Joint tenants must obtain equal shares of the property with the same deed, at the same time.