This definition appears very rarely
and is found in the following Acronym Finder categories:
See other definitions of ROS
Samples in periodicals archive:
Married couples or those in a civil partnership commonly use this means of co-ownership because the right of survivorship makes it straightforward to inherit each other's shares in the property.
Tenancy-in-common interests need not be equal--typically, they're in proportion to an owner's capital contribution--and there's no right of survivorship (unless the parties agree otherwise).
031 specifically permits co-owners of property held as tenants by the entirety or as joint tenants with right of survivorship to use the entire $25,000 tax exemption and does not limit to an owner's proportionate interest.
s Human Rights Code, but the co-op met the Code's requirement for a reasonable and bona fide justification with its rules governing the unfettered right of survivorship for a deceased member's spouse and by its minimum occupancy rule.
Tenancy-in-common is the preferred form of co-ownership since there is no right of survivorship thereby allowing each beneficiary to pass their interest down to their heirs unlike a joint tenancy where the last surviving beneficiary takes the entire cottage.
The right of survivorship means the property becomes solely yours.
TE is a form of property ownership available only to a husband and wife as a marital unit; a key feature is the right of survivorship (i.
For the record, it is my feeling that the system should establish a legitimate process in order to give everyone living in a domestic partnership capacity the right of survivorship and insurance protection.