Real Estate

Tenancy by the Entirety

Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors, treating the couple as a single legal entity.

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Exam Tip

Tenancy by entirety = married couples ONLY. Five unities required (includes marriage). Right of survivorship + creditor protection. Neither can act alone.

What is Tenancy by the Entirety?

Tenancy by the entirety is a special form of property co-ownership available exclusively to married couples. It provides right of survivorship (like joint tenancy) plus additional protection from individual creditors. The couple is treated as a single legal unit, and neither spouse can transfer or encumber their interest without the other's consent.

Key Characteristics

FeatureDescription
Married couples onlyMust be legally married at time of acquisition
Right of survivorshipProperty passes to surviving spouse automatically
Equal ownershipEach spouse owns 100% (undivided whole)
Creditor protectionIndividual creditors cannot attach property
Mutual consent requiredBoth must agree to sell or encumber

Five Unities Required

Tenancy by the entirety requires all five unities:

UnityRequirement
TimeBoth acquire interest at same time
TitleBoth acquire through same deed
InterestEqual undivided interests
PossessionEqual right to possess whole property
MarriageMust be legally married (the fifth unity)

Comparison of Co-Ownership Forms

FeatureTenancy by EntiretyJoint TenancyTenancy in Common
SurvivorshipYesYesNo
Equal shares requiredYesYesNo
Unilateral transferNoYes (severs)Yes
Creditor protectionYes (individual)NoNo
Available toMarried couples onlyAnyoneAnyone
Unities required541 (possession)

Creditor Protection

Creditor TypeCan Attach Property?
Individual spouse's creditorNo - cannot reach property
Joint creditors (both spouses)Yes - can attach
IRS (federal tax liens)Yes - can attach

How Tenancy by Entirety Ends

EventResult
Death of spouseSurvivor owns entire property
DivorceConverts to tenancy in common (usually)
Mutual agreementBoth agree to sell or convey
Joint creditor actionMay force sale

States Recognizing Tenancy by Entirety

Not all states recognize this form of ownership. Approximately 25 states and Washington D.C. recognize tenancy by the entirety for real property. Some states extend it to personal property as well.

Advantages and Disadvantages

AdvantagesDisadvantages
Automatic survivorshipOnly for married couples
Avoids probateCannot sell without spouse
Creditor protectionDivorce complicates ownership
No gift tax between spousesNot available in all states

Creating Tenancy by Entirety

RequirementDetails
Valid marriageLegal marriage at acquisition
Clear languageDeed should specify "as tenants by the entirety"
State recognitionMust be recognized in that state
Simultaneous acquisitionBoth must acquire at same time

Exam Alert

Tenancy by the entirety = married couples ONLY + right of survivorship + creditor protection. Requires FIVE unities (time, title, interest, possession, MARRIAGE). Neither spouse can transfer or encumber without the other. Individual creditors CANNOT attach (but joint creditors can). Divorce typically converts to tenancy in common.

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