Under West Virginia law, when two or more persons hold title to real property with equal, undivided interests and the right of survivorship, this form of ownership is best described as:
Correct Answer
A) Joint tenancy
Joint tenancy is characterized by the four unities (time, title, interest, and possession) and includes the right of survivorship, meaning that when one joint tenant dies, their interest automatically passes to the surviving joint tenant(s) rather than through probate. West Virginia recognizes joint tenancy as a distinct form of co-ownership under W. Va. Code § 36-1-19, and the right of survivorship is its defining feature.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
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.
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