Joint tenancy and tenancy in common both feature the right of survivorship.

Name: Joint tenancy and tenancy in common both feature the right of survivorship.
Brand: Quizplus
Rating: 4.7 (33 reviews)

Question

Quizplus · Accepted Answer

In a joint tenancy, the right of survivorship exists, meaning when one owner dies, their interest automatically passes to the surviving owners. However, in a tenancy in common, there is no right of survivorship; when one owner dies, their interest passes to their heirs or as directed by their will.

Joint Tenancy and Tenancy in Common Both Feature the Right