Legal Question in Real Estate Law in New Jersey
property deed
What is the difference, if any, between the terms Joint Tenant not as Tenants-in-Common and Joint Tenants with Right of Survivorship?
Asked on 9/09/08, 3:53 pm
1 Answer from Attorneys
John Corbett
Corbett Law Firm LLC
Re: property deed
There is no difference. Both are legalese overkill for "joint tenants." Joint tenancy carries with it as an essential attribute the right of survivorship and is distinct from a tenancy in common which does not. Lawyers sometimes write it that way as the equivalent of saying "joint tenants and we really mean it."
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 9/09/08, 4:38 pm