Right of Survivorship

Definition

A property ownership feature where a surviving co-owner automatically inherits the deceased owner's share. It's the option that keeps property in the family without probate drama.

Example Usage

We bought the house with right of survivorship, so if one of us passes, the other automatically gets the whole thing.

Origin

From common law principles of joint tenancy dating back centuries.

Fun Fact

Right of survivorship cannot be transferred to heirs—it passes automatically by law.

Source: Uniform Property Act and state probate law

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