Tenancy by the Entireties
A form of co-ownership available only to married couples in Florida that includes survivorship and protection from individual creditors.
Tenancy by the entireties is a co-ownership form reserved for married couples. The spouses own the property as a single legal unit. It includes the right of survivorship, so when one spouse dies the survivor automatically owns the whole property.
Because the couple is treated as one owner, property held this way is generally protected from the creditors of just one spouse. A creditor of one spouse alone usually cannot force a sale.
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- Joint Tenancy
Co-ownership with the right of survivorship that requires the four unities of time, title, interest, and possession.
- Tenancy in Common
The default form of co-ownership in which each owner holds a separate, possibly unequal interest that passes to heirs, with no survivorship.
- Homestead (Creditor Protection)
Florida constitutional protection that shields a primary residence from forced sale by most creditors and limits how it can be devised.
This definition is Florida real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.