What does a right of survivorship imply in a joint tenancy?

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In a joint tenancy, a right of survivorship signifies that when one tenant passes away, the surviving tenant automatically receives the deceased tenant's share of the property. This legal arrangement ensures that the surviving tenant immediately inherits the entire property without the need for probate or other legal processes. This characteristic of joint tenancy distinguishes it from other forms of ownership, such as tenants in common, where the deceased's share would pass to their heirs rather than to the remaining co-owners.

The other options do not accurately reflect the nature of joint tenancy. For instance, ownership reverting to the state upon death pertains to escheat laws but does not relate to joint tenancy. The requirement that all tenants must agree to sell the property is relevant to many forms of property ownership, but it does not address the right of survivorship aspect. Additionally, claiming ownership can be contested by heirs is not applicable in joint tenancies with a right of survivorship because the property does not become part of the deceased tenant's estate. Thus, the right of survivorship provides clear, immediate transfer of property rights to surviving joint tenants.

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