Property Ownership
In NJ, the 'right of survivorship' in joint tenancy means that when one joint tenant dies:
ATheir share goes to their heirs per their will
BTheir share automatically passes to the surviving joint tenant(s) outside of the probate process✓ Correct
CThe property must be sold immediately
DThe surviving tenant must pay the deceased's share of the mortgage
Explanation
The right of survivorship is the defining characteristic of joint tenancy: upon the death of one joint tenant, their interest automatically and immediately vests in the surviving joint tenants, bypassing probate entirely.
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