NSE IPO - Apply Online, Check Issue Date, Price, Lot Size & Allotment Status

Apply for NSE IPO:

Skip to main content
Insurance

Right of survivorship

When one of the owners of a property passes away, the remaining owners automatically assume ownership of the property. This is known as the right of survivorship. It is a common feature of joint ownership, where two or more individuals own a property together. In such cases, the surviving owners do not need to go through the legal process of inheriting the deceased owner's share, as it automatically transfers to them. This can provide peace of mind to owners, knowing that their share of the property will be protected and transferred to their co-owners in the event of their passing.

Related terms

Asset-backed securities

Understand the meaning and definition of Asset-backed securities in the context of stock market, trading, and investments.

MORE
Substandard Risk

Understand the meaning and definition of Substandard Risk in the context of stock market, trading, and investments.

MORE
Hostile fire

Understand the meaning and definition of Hostile fire in the context of stock market, trading, and investments.

MORE
Activities of daily living

Understand the meaning and definition of Activities of daily living in the context of stock market, trading, and investments.

MORE
Catastrophe reinsurance

Understand the meaning and definition of Catastrophe reinsurance in the context of stock market, trading, and investments.

MORE
Accelerated death benefit

Understand the meaning and definition of Accelerated death benefit in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91