Right of Survivorship

Definition: A right of survivorship causes a deceased co-owner's interest to pass to the surviving co-owner or co-owners under the form of title.

Example

When one owner in a valid joint tenancy with survivorship dies, the surviving joint owner takes that interest.

Keep the distinction clear

A tenancy in common has no automatic survivorship. A will generally does not redirect an interest that passes through a valid survivorship arrangement.

Related terms

Joint Tenancy · Tenancy by the Entireties · Tenant in Common

Keep studying

Joint Tenancy, Tenancy in Common, Entireties, and Severalty

References: Florida Statutes 689.15: survivorship and co-ownership

Pronunciation (US): ryt uhv ser-VY-ver-ship (capitals show stress)

Pronunciation reference: Merriam-Webster