Glossary entry (derived from question below)
English term or phrase:
Joint Tenants with Rights of Survivorship and not as Tenants in Common
Greek translation:
εξ αδιαιρέτου ιδιοκτήτες με δικαιώματα του επιβιώσαντος σε ολόκληρη την περιουσία και όχι ως ιδιοκτήτες από κοινού
English term
Joint Tenants with Rights of Survivorship and not as Tenants in Common
Σκέφτηκα την εξής απόδοση: "100% εξ αδιαιρέτου έκαστος με δικαιώματα για τον επιζώντα και ΟΧΙ κατά το ½ εξ αδιαιρέτου έκαστος"
Apr 26, 2022 18:15: Spyros Salimpas changed "Language pair" from "Greek to English" to "English to Greek"
Proposed translations
ως εξ αδιαιρέτου μισθωτές με δικαιώματα του επιβιώσαντος σε ολόκληρη την περιουσία και όχι ως μισθωτ
right of survivorship = το δικαίωμα ενός επιβιώσαντος σε ολόκληρη την περιουσία
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Anastasia Kalantzi
: tenant ως κάτοχος νόμιμος, εφόσον αναφέρεται σε premises grantees : δωρεοδόχους ιδιοκτησιών.
1 hr
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Ως Κοινοί Μισθωτές με Δικαιώματα Επιβίωσης και όχι απλώς ως Κοινοί Μισθωτές
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Anastasia Kalantzi
: Δεν αναφερόμαστε δυστυχώς σε εκμισθωτές αλλά σε συνιδιοκτήτες.
2 hrs
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σωστό...
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συνιδιοκτήτες με αυτόματα δικαιώματα δεδουλευμένου και όχι ως χωριστοί ιδιοκτήτες
Joint 'tenants' are owners with *equal* undivided title, having an 'ideal' = notional share that, by dint of jus accrescendi, 'accrues' or passes automatically to the co-owners, like a surviving spouse (in US AmE called a tenancy by the entirety)
Contrast tenants-in-common, the latter label counter-intuitively meaning *separate* owners who can end up owning shares of 10% & 90% or 40% & 60%, respectively, in a property with a separate share that can be 'disposed of' so passed on privately = non-automatically by Will.
A ioint tenancy (co-owership) can be 'severed' AmE: by forced judicial partition, so split and fragmented e.g. on bankruptcy, divorce or unilateral notice of severance given by one owner only.
So now we know why most students fail the Anglo-American land-law exam paper.
(PS I am afraid my Greek is classical-only, pre-switch to modern languages at school.)
When you buy a property as joint tenants, it means you both own the property equally. It does not matter if one person has paid 80% of the deposit or is contributing more towards the mortgage repayments.
When you buy a property as tenants in common, it means you can own unequal proportions of the property, should you want to. You can also have up to four named legal owners.
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Anastasia Kalantzi
: Όταν αναφερόμαστε σε tenants in common εννοούμε φυσικά τους ιδιοκτήτες από κοινού.
30 mins
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Ιδιοκτήτες με δικαιώματα του επιβιώσαντος και όχι ως ιδιοκτήτες από κοινού
What does this complicated-sounding legal phrase mean, exactly?
First, tenancy in this context shouldn’t be confused with the tenancy of someone who is renting an apartment. In title law, when we talk about tenants, we’re talking about people who own property.
In fact, there are a few different types of assets that can be held as JTWROS, such as a bank account, but for our purposes, we’re talking about it in terms of real estate ownership.
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Joint Tenancy With Survivorship
Joint tenancy with rights of survivorship (JTWROS) is a type of account that is owned by at least two people. In this arrangement, tenants have an equal right to the account's assets. They are also afforded survivorship rights in the event of the death of another account holder.
In simple terms, it means that when one partner or spouse dies, the other receives all of the money or property. That is why many married couples and business partners choose this option. However, there are some things you should consider before entering joint tenancy. Below, we'll take a look at the advantages and disadvantages of this arrangement.
Σημείωση: και η δική σου απόδοση όμως είναι πολύ καλή.
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Note added at 2 ώρες (2022-04-26 20:38:43 GMT)
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Discussion
Dictionary of Law, by L.B. Curzon, page 375:
“Tenant. One who holds land of another . A lessee (q.v.). Includes, under Rent Act 1977, s 152(I), “statutory tenant and also includes a sub-tenant and any person deriving title under the original tenant tenant or sub-tenant”. See, H.A. 1985, s. 621(3).”
Dictionary of Law, by L.B. Curzon, page 225:
“Lessee. One to whom a lease is made. Includes also those who derive title under him: L.P.A. 1925, s. 205(l) (xxiii). Known also as ‘tenant’ (q.v.). See LEASE.”
Dictionary of Law, by L.B. Curzon, page 222:
“Lease. A term of years (q.v).” … “or leasehold” … “Generally involves a grant of exclusive possession (q.v.) for a term at a rent.”