concurrent estate

Concurrent estates are estates that are either owned or possessed by two or more individuals simultaneously. Concurrent estates include tenancy in common, joint tenancy, and tenancy by the entirety

See: Tkachik v. Mandeville, 487 Mich. 38, 790 N.W.2d 260 (Mich. 2010), and Holbrook v. Holbrook 240 Or. 567 (1965)

[Last reviewed in July of 2024 by theĀ Wex Definitions Team]

Wex