The net effect of the general legislation pertaining to the creation of joint tenancy has been to make lawyers sensitive to language expressing an intent to create joint tenancy, tenancy by the entireties and other types of survivorship rights which may or may not fall within the foregoing concepts. And so the law has busied itself with the task of giving technical meanings to words used by members of the public in their efforts to create joint rights in property-a task that has not been fully appreciated by people who acquire personal property from bankers, brokers, clerks and the like in the course of day-to-day business transactions where practices do not conform to the thinking of lawyers.
R. B. Townsend,
CREATION OF JOINT RIGHTS BETWEEN HUSBAND AND WIFE IN PERSONAL PROPERTY: II,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol52/iss7/3