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The right to survivorship also means that the joint tenant cannot give his/her interest of a property by will or intestate descent.
Almost any kind of property can be held in some form of survivorship. The most common forms are real estate, vehicles and securities, in which are held in joint tenancy. At the same time, it is possible for tangible property such as inventories to be owned in survivorship. On the other hand, it may be difficult to prove ownership if there is no evidence of a true title like a deed or bill of sale.
Joint tenancy should be created on legal documents that establish ownership...
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