Joint tenancy is a legal arrangement where two or more people own a property together, sharing equal rights to the entire property. This means that each owner has an undivided interest in the property, and decisions about it must be made collectively. If one owner passes away, their share automatically transfers to the surviving owners, a feature known as the right of survivorship. This type of ownership is often used by couples or family members who want to ensure that the property remains within the group. However, it is important to understand that joint tenancy can complicate matters if one owner wants to sell their share or if there are disputes among owners.