IHTM15081 - Types of joint property: introduction
There are two ways that property in the UK can be jointly owned. These are where:
- the share of the first to die passes automatically to the other joint owners. Where this applies the share is said to pass ‘by survivorship’, or
- each joint owner may give their share to someone else under their Will (IHTM12041) (or if they did not make a will, under the rules of intestacy (IHTM12101)).