What happens to Jesse's property interest in a joint tenancy if she dies?

Study for the Rockwell Fundamentals Test. Utilize flashcards and multiple-choice questions with explanations. Be fully prepared for your exam experience!

In a joint tenancy, when one tenant dies, their property interest does not pass to their heirs or other parties; instead, it automatically transfers to the remaining tenants. This principle is known as the right of survivorship, which is a defining characteristic of joint tenancy. It ensures that the surviving joint tenants retain complete control and ownership of the property without the need for probate or other legal processes typically involved in transferring ownership after death. Thus, Jesse's share in the joint tenancy will be seamlessly absorbed by the other tenants, maintaining the unity of ownership among the surviving joint tenants. This automatic transfer is a key feature that distinguishes joint tenancy from other forms of property ownership, such as tenancy in common, where a deceased owner’s share would be passed to their heirs.

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