Definition
A form of co-ownership available only to married couples in certain states, offering creditor protection.
Example
Tenancy by the entirety shielded the home from a judgment against one spouse individually.
Related terms
- Abstract of Title
- Adverse Possession
- Affidavit of Title
- Certificate of Occupancy
- Chain of Title
- Cloud on Title
Frequently asked questions
What does Tenancy by the Entirety mean in real estate?
A form of co-ownership available only to married couples in certain states, offering creditor protection.
How is Tenancy by the Entirety used in practice?
Tenancy by the entirety shielded the home from a judgment against one spouse individually.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.