State and briefly explain the characteristics of joint tenancy

Joint tenancy arises where two or more persons own something jointly. It has the features of single proprietorship. It is characterized the right of survivorship i.e. jus accresscendi and the four unities, namely:
• Unity of possession: all possess any part of the land
• Unity of interest: all tenants have equal but undivided shares
• Unity of time: the interest are acquired at the same time.
• Unity of title: the tenants acquired title either the same instrument or operation of the same statute or through the same process of adverse possession.

• Each tenant holds nothing himself and at the same time holds the entire property collectively as co-owners.

(Visited 148 times, 1 visits today)
Share this on:

Leave a Reply

Your email address will not be published. Required fields are marked *