Tenancy by the Entireties

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Characteristics of a Tenancy by the Entireties

 

Tenancy between husband and wife only
Includes right of survivorship
The four unities must be present
Not recognized in Georgia
At the death of one of the tenants, the survivor becomes the owner without the need for a will
Any change in the status of the property (such as sale or mortgage) must have both the husband and wife as parties to the transaction
At divorce, the tenancy is dissolved and automatically becomes a tenancy in common

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