Property Ownership
What is the key difference between joint tenancy and tenancy in common?
AJoint tenancy allows unequal shares; tenancy in common requires equal shares
BJoint tenancy has right of survivorship; tenancy in common does not✓ Correct
CTenancy in common is for married couples only
DJoint tenancy requires court approval to create
Explanation
The key difference is survivorship: in joint tenancy, when one owner dies, their share automatically passes to surviving joint tenants. In tenancy in common, each owner's share passes through their estate.
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