When a joint tenant dies, their interest in the property passes to:
Correct Answer
B) The surviving joint tenant(s) automatically by right of survivorship
A key feature of joint tenancy is the right of survivorship. When a joint tenant dies, their interest automatically passes to the surviving joint tenant(s) outside of probate, regardless of what the deceased's will may state. This distinguishes joint tenancy from tenancy in common, where a deceased co-owner's share passes through their estate.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
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