Property Ownership
Joint tenancy differs from tenancy in common primarily because joint tenancy:
ACan only be created between married couples in Illinois
BIncludes the right of survivorship, allowing a deceased owner's share to pass automatically to surviving joint tenants✓ Correct
CRequires equal ownership shares and equal financial contributions
DIs the only form of co-ownership recognized in Illinois
Explanation
The key distinguishing feature of joint tenancy is the right of survivorship: when one joint tenant dies, their interest automatically passes to the surviving joint tenants without going through probate. Tenancy in common does not include survivorship rights.
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