joint ownership

Undivided ownership shared by two or more persons.

• Typically, an owner’s interest, at death, passes to the surviving owner or owners by virtue of the right of survivorship. [Cases: Joint Tenancy 1. C.J.S. Estates § 19; Joint Tenancy§§ 2, 4, 7–9.]

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词条贡献者

资深译员Pablo，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与上市公司代理有关的法律文件。