Tenancy by the Entirety

Tenancy by the entirety is a type of shared ownership of property recognized in most states, available only to married couples.  Much like in a joint tenancy, a husband and wife who own property as tenants by the entirety each own an undivided interest in the property, each have full rights to occupy and use it and have a right of survivorship.  Tenants by the entirety also cannot transfer their interest in the property without the consent of the other spouse.