Co-owners who hold an equal and undivided interest in property that is characterised by the four unities and survivorship are called joint tenants.

Question

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Joint tenants hold equal and undivided interest in property with the four unities (time, title, interest, and possession) and have the right of survivorship, meaning when one joint tenant dies, their share automatically passes to the remaining joint tenants.

Co-Owners Who Hold an Equal and Undivided Interest in Property