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Flashcards in Tenancy by the Entirety Deck (5):
1

How do you create a Tenanacy by the Entirety?

Through marriage w/ the ROS.

2

Define TBE.

A tenancy between married partners w/ ROS.

3

In states that recognize TBE, it arise presumptively in any grant to _____ _____, unless stated otherwise.

Married partners.

4

What pneumonic to use for TBE?

Why? (2)

Can't touch this

Creditors of one spouse can't touch the tenancy.

Neither tenant, acting alone, transfer to a 3rd party.

5

Tony and Carmella are married and own Blackacre as TBEs. Tony then secretly transfers his interest to Uncle Junior. What does UJ have?

Nothing. The unilateral transfer is no good.