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What is joint-tenancy?


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Updated by CPF
A joint-tenancy is a form of property ownership where all co-owners have an equal interest in the property, regardless of the individual owner's contribution to the property purchase.
 
This means that upon the death of a joint-tenant, his interest in the property will automatically pass on to the remaining co-owner(s), regardless of whether he has made a will.

This information is sourced from CPF


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