There four unities in a Joint Tenancy.
Unity of Interest: means equal sized units. So, two people half and half, three people, a third each, four people a quarter each etc.
Unity of Possession: means ownership of the entire parcel of property. It’s not divided up in any way.
Unity of Title: All parties must have acquired ownership through the same document (ie. Deed or Will).
Unity of Time: All parties must have acquired ownership at the same time (no delays, postponements etc.)
Brian Madigan LL.B., Broker