Survivorship
Term · Law · MLC-T-LAW-004809
The right of a person to succeed to an interest in property upon the death of another person who held the same interest. This principle is a key feature of joint tenancy and tenancy by the entirety, where the deceased owner's share automatically passes to the surviving owner(s). It avoids the need for probate for that specific property.
| Identifier | MLC-T-LAW-004809 |
|---|---|
| Field | Law |
| See also | Right of survivorship |
Record as JSON
{
"id": "MLC-T-LAW-004809",
"term": "Survivorship",
"field": "Law",
"definition": "The right of a person to succeed to an interest in property upon the death of another person who held the same interest. This principle is a key feature of joint tenancy and tenancy by the entirety, where the deceased owner's share automatically passes to the surviving owner(s). It avoids the need for probate for that specific property.",
"see_also": [
"right of survivorship"
],
"url": "https://mlchart.com/terminology/law/survivorship/"
}
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