Connecticut Real Estate Practice Exam 2025 – Complete Prep Guide

The type of co-ownership that allows for rights to survivorship is Joint Tenancy. This means that when one joint tenant passes away, their share automatically transfers to the surviving joint tenant(s) rather than being distributed according to the deceased's will or state inheritance laws. This right of survivorship is a key feature of Joint Tenancy, distinguishing it from other forms of co-ownership, such as Tenancy in Common, where there is no automatic transfer of ownership upon death; instead, the deceased’s share can be inherited by their heirs. Community Property relates primarily to married couples and does not inherently include rights to survivorship, while Corporation Ownership pertains to business entities and does not involve co-ownership shares in the same way as the other options. Therefore, Joint Tenancy is the correct choice for situations where ownership shares automatically pass to surviving owners upon death.