A:

A. They each have an undivided interest in the property

B. If one dies, that person's interest does not automatically pass to the other

C. They do not necessarily have equal interests in the account

D. All of the above






Correct answer: D

While the joint tenants with right of survivorship designation does imply equal shares and automatic passing of ownership to the remaining partner at death, tenants in common does not.




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RELATED TERMS
  1. Joint Tenants in Common - JTIC

    A type of brokerage account which is owned by at least two people ...
  2. Joint Tenants with Right of Survivorship - JTWROS

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  4. Emblements

    Annual crops cultivated by a tenant which are treated as the ...
  5. Joint Endorsement

    The type of endorsement that is required on any type of joint ...
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