Tenancy By The Entirety
A tenancy by the entirety is similar to a joint tenancy, except it (i) requires an existing valid marriage, (ii) neither spouse may unilaterally destroy a tenancy by the entirety without the other’s consent.
- Example : Sam and Tracie got married in April. In August, they purchased a house and took title to the property as “tenants by the entirety.” Ten years later, Tracie passes away, and Sam becomes the sole owner of the property.
