This form is a Joint Tenancy Deed where the grantor is an individual and the grantees are husband and wife.
This form is a Joint Tenancy Deed where the grantor is an individual and the grantees are husband and wife.
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For a joint tenancy to exist, the ?four unities? must be present: unity of title, time, in-? terest and possession. This means in effect that joint tenants must acquire their in-? terests at the same time through the same document, hold equal interests, and have an equal right to possession of all the land.
There are two types of tenancies that possess the right of survivorship: joint tenancy and tenancy by the entirety.
The four unities is concept in land law where there must be unity of possession, unity of interest, unity of time and unity of title between all the tenants under a lease, in order for a joint tenancy to exist.
The four unities can be thought of as four requirements that need to exist simultaneously for a true joint tenancy estate to be created. Those four requirements are interest, time, title, and possession.
To establish a joint tenancy, the unities of time, title, interest, and possession must be present.