Joint ownership

There are multiple forms of joint ownership: joint tenancy, tenancy by the entirety, tenancy in common, community property

Identify which form of joint ownership is described in the following scenario.

This type of joint ownership exists only between husband and wife. Because this type of ownership is subject to the right of survivorship, the interest of a decedent passes directly to his or her spouse. The tenancy can be severed only by mutual agreement, divorce, or conveyance by both spouses to a third party.

Tenancy by the entirety

Community property

Tenancy in common

Joint tenancy