&ldquo;Joint Tenancy With Right of Survivorship&rdquo; means that each person has equal access to the property. When one owner dies, that person&rsquo;s share immediately passes to the other owner(s) in equal shares, without going through probate. This is the opposite of owning property as &ldquo;Tenants in Common&rdquo; wherein when one of the owners dies, his [...]