Which type of ownership involves the right of survivorship?

Prepare for the Michigan License Law Test. Master key concepts with flashcards and multiple-choice questions, each offering hints and explanations. Ace your exam!

Joint Tenancy is the correct answer because it specifically includes the right of survivorship, which means that when one joint tenant dies, their share of the property automatically passes to the remaining joint tenants, rather than being inherited by their heirs. This characteristic distinguishes joint tenancy from other forms of ownership.

In contrast, Tenancy in Common does not include the right of survivorship; when a tenant in common dies, their share of the property goes to their heirs rather than the other tenants. Community Property is primarily a form of ownership used in some states for married couples, but it also lacks a right of survivorship feature. Tenancy by the Entirety is a special form of joint ownership between married couples that includes the right of survivorship, but it functions under different laws and is not as widely applicable as joint tenancy. Therefore, joint tenancy uniquely highlights the right of survivorship among its defining features.

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