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What does joint tenancy with right of survivorship mean?

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What does joint tenancy with right of survivorship mean?

Question: What does joint tenancy with right of survivorship mean?

Answer: Joint tenancy with the right of survivorship is typically associated with real estate in which the parties own the property jointly; it’s an undivided interest that they owned jointly one half and that upon their death it transfers ownership to the survivor automatically by the terms of the deed.


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