Which type of tenancy gives each owner the right of survivorship?

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Joint tenancy is the correct choice because it specifically includes the right of survivorship, which means that when one joint tenant passes away, their share automatically transfers to the remaining joint tenants. This feature distinguishes joint tenancy from other forms of property ownership.

In joint tenancy, all owners have equal shares in the property, and they must acquire their interests simultaneously and through the same deed. This structured ownership ensures that the rights of survivorship are clearly established. If one owner dies, their interest in the property does not go to their heirs but instead merges with the interests of the remaining joint tenants.

Tenancy by the entirety, another form of joint ownership, is specifically designed for married couples and also includes the right of survivorship, but it is not applicable to co-owners who are not married. Tenancy in common does not provide for survivorship; instead, each owner can pass their interest to their heirs, which means that shares can be inherited separately. Community property applies to married couples and refers to ownership of property acquired during marriage, but it does not inherently include rights of survivorship.

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