When a property has multiple owners and upon the death of one of the owners the ownership rights pass to the other owners, not the deceased heirs. This is: Group of answer choices Quit claim deed Joint tenants Tenants in common Long term lease agreement

When a property has multiple owners and upon the death of one of the owners the ownership rights pass to the other owners, not the deceased heirs. This is:
Group of answer choices
Quit claim deed
Joint tenants
Tenants in common
Long term lease agreement

Answer

• Joint tenants
  Explanation:
  In joint tenancy, the heirs of the deceased do not have any share or right of ownership of the property. If there are three joint tenants, when one joint tenant dies, his/her share is transferred to the living tenants. When another tenant dies and leaves with only one tenant, the remaining joint tenant becomes the sole owner of the property.