Kim and Leola own a warehouse in which they operate Mini-Storage Corporation.On the death of either owner,that owner's interest in the warehouse passes to the surviving owner.This is

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Joint tenancy is a type of co-ownership where each owner has an undivided interest in the property. In joint tenancy, the ownership interest of a deceased owner automatically passes to the surviving owner(s), without the need for probate. This is known as the right of survivorship. As the passage states that on the death of either owner, that owner's interest passes to the surviving owner, it is evident that Kim and Leola have a joint tenancy.

Kim and Leola Own a Warehouse in Which They Operate