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Joint tenancy

Concurrent ownership that includes a right of survivorship when it is properly created.

Direct answer

What does Joint tenancy mean?

Concurrent ownership that includes a right of survivorship when it is properly created.

Exam cue: On one joint tenant's death, the surviving joint tenant or tenants take the deceased tenant's interest by survivorship.

What does it look like in a question?

New York example

Two owners take title as joint tenants with right of survivorship.

Common exam trap

What should you not confuse it with?

Joint tenancy is not the same as tenancy in common or tenancy by the entirety.

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