Which form of concurrent ownership has no right of survivorship?

• A. Joint tenancy
• B. Tenancy by the entirety
• C. Tenancy in common
• D. Cooperative ownership

Answer: (C)

Survivorship behavior distinguishes how co-owners handle a death in the group. Tenancy in common is the form where each owner holds an individual, transferable interest, and there is no automatic transfer of that interest to the other co-owners. When someone dies, their share goes to their heirs or according to their will, not to the surviving co-owners. This allows unequal ownership percentages and lets interests be inherited or bequeathed.

In contrast, joint tenancy features the right of survivorship: the deceased owner’s interest passes directly to the remaining co-owners, not to heirs. Tenancy by the entirety also includes survivorship for married couples, with the surviving spouse typically taking full ownership. Cooperative ownership operates differently, since ownership is of shares in a corporation that owns the property and holds a proprietary lease, rather than a direct survivorship-based co-ownership of real property.

So, the form with no right of survivorship is tenancy in common.