A joint tenancy is one in which:
A) two or more persons have equal interests in the property with rights of joint survivorship
B) two or more persons have equal interests in the property with no right of survivorship
C) one person owns all the interests in the property, but two people will inherit equal shares when the current tenant dies
D) one person owns all the interests in the property and has designated who will inherit it when the current tenant dies
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

In a joint tenancy, two or more persons have equal interests in the property with rights of joint survivorship. This means that when one tenant dies, their share passes automatically to the surviving tenants, rather than to their heirs or beneficiaries.

A Joint Tenancy Is One in Which