Which of the following types of property ownership allows for a right of survivorship?

The concept of "right of survivorship" refers to a feature of property ownership where, upon the death of one co-owner, their share of the property automatically transfers to the surviving co-owners rather than being passed on to the deceased's heirs. This legal principle is a key characteristic of ownership in joint tenancy.

In joint tenancy, all owners have an equal share in the property, and the right of survivorship ensures a seamless transition of ownership upon death. This allows the remaining joint tenants to retain full control and ownership of the property without the necessity of going through probate or dealing with the deceased’s estate. The unity of ownership among joint tenants reinforces the idea that they are treated as a single entity in terms of their rights to the property.

Other forms of ownership such as tenants in common do not carry this right of survivorship; shares can be passed to heirs upon a co-owner's death. Leasehold estates are an arrangement where one party holds the right to use a property for a specified duration but does not confer ownership or survivorship rights. Similarly, a life estate gives one individual rights to a property for their lifetime, but upon their death, the interest typically reverts to another party rather than being shared with co-owners.

Understanding these