joint tenancy

noun Law.

a holding of property, either real or personal, by two or more persons with each sharing the undivided interest, the entire tenancy passing to the survivor or survivors.

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Based on the Random House Dictionary, © Random House, Inc. 2012.
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Joint tenancy is always a great word to know.

So is deed. Does it mean:

a writing or document executed under seal and delivered to effect a conveyance, especially of real estate

judicial deliverance from a criminal charge on a verdict or finding of not guilty

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