When is a tenancy by the entirety appropriate, and how does it differ from the other two forms of ownership?
UCC has been revised to keep up with the many changes in business due to the use and popularity of the computers and the internet to conduct business. Let's discuss some of the new provisions for electronic contracts.
Can e-contracts be enforced?
What provisions have been put into place?© BrainMass Inc. brainmass.com June 4, 2020, 12:54 am ad1c9bdddf
Here is some information I recall from Property in law school and the new UCC provision.
Tenancy by the entirety allows a husband and wife to own property together as a single legal unit. Tenancy by the entirety is couples with the right of survivorship, which means if one spouse dies the survivor is entitled to the decedent's share. A married couple may choose to create a joint tenancy or a tenancy in common. In most states a married couple is presumed to take title to property as tenants by the entirety, unless the deed or conveyance document states ...
This solution provides an explanation of tenancy by the entirety, and contrasts this legal concept with tenancy in common and joint tenancy. Additionally, this solution discusses the enforceability of e-contracts.