In Virginia, tenancy by the entirety:
Question & Answer
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Is not recognized
Is available only to married couples
Can be held by any two people
Tenancy by the entirety cannot be held by any two people. Virginia law specifically limits this ownership form to married couples, not business partners or unmarried individuals.
Requires court approval
Tenancy by the entirety does not require court approval. It is established by the deed itself when properly conveying title to married couples in this form of ownership.
Why is this correct?
Virginia recognizes tenancy by the entirety as a valid form of ownership, but specifically restricts it to married couples. This form provides special protection against creditors of one spouse and includes automatic survivorship rights.
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