Joint Tenancy

Co-ownership of real property by two or more persons who share equally the right to use, possess and enjoy all the property, and the right of survivorship. Upon the death of any joint tenant, the right of survivorship operates to vest title to that tenant’s interest equally in any remaining joint tenants and wholly in the sole surviving joint tenant. Joint tenancy must be specifically designated in an instrument of conveyance and is never presumed without such a designation.