Property Ownership

In Kansas, what is 'joint tenancy' and what is its key characteristic?

ATwo people sharing a lease
BConcurrent ownership by two or more people with equal undivided interests and the right of survivorship✓ Correct
COwnership by a married couple under community property laws
DA tenancy where partners have unequal shares

Explanation

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

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