Property Ownership

What distinguishes joint tenancy from tenancy in common?

AJoint tenancy requires equal ownership shares and includes the right of survivorship✓ Correct
BJoint tenancy can have unequal shares; tenancy in common cannot
CJoint tenancy is only for business partners
DThere is no meaningful difference

Explanation

Joint tenancy requires the four unities (time, title, interest, possession) and includes the right of survivorship — when one joint tenant dies, their share automatically passes to the surviving joint tenants, bypassing probate. All joint tenants must have equal shares.

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