What is the key distinction between tenancy in common and joint tenancy with survivorship?
Staff Q&A from the 63Hours team.
Course Q&A
Ask clear questions about the Florida real estate course and learn from course-specific answers.
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Focus on what happens to a deceased owner's interest. Tenancy in common has no automatic survivorship between co-owners; joint tenancy with a valid survivorship feature does. The course also discusses shares and creation requirements. Do not decide an actual property's ownership from the number of names alone; the deed and applicable law matter.
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Discussion prompt: Does the example expressly create a survivorship right?