What do joint tenants hold together in their ownership of property?

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Joint tenants hold a single title to the property, which reflects their unified ownership interest. This means that all joint tenants possess an equal and undivided interest in the entire property, rather than having separate shares or portions of it. The essence of joint tenancy is that it creates a single entity of ownership among the tenants, characterized by several key features including the right of survivorship, meaning that if one joint tenant passes away, their interest automatically transfers to the remaining tenants.

In contrast to individual shares, a lease agreement, or a multiple title deed, the concept of joint tenancy distinctly emphasizes that all joint tenants collectively own the property under a single title. This shared ownership structure simplifies property management and transfers, as it avoids probate for the deceased tenant's interest, seamlessly passing ownership to the surviving joint tenants.

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