What type of ownership allows for transfer of an interest in property without creating a separate title?

The choice of joint tenancy correctly reflects a type of ownership that allows for the transfer of an interest in property without creating a separate title. In joint tenancy, multiple owners hold equal shares of the property, and any one of them can transfer their interest to another party. However, this transfer does not create a new, separate title for the transferee. Instead, the new owner becomes a joint tenant with the remaining original owners.

This characteristic is significant because joint tenancy also includes the right of survivorship, meaning that upon the death of one joint tenant, their share automatically transfers to the surviving joint tenants, further emphasizing the seamless transfer of interests without the creation of separate titles. This aspect is a key feature of joint tenancy that distinguishes it from other forms of ownership, where transferring an interest might create a distinct title or separate ownership entity.

In contrast, other options like life estate and tenancy in common have different implications regarding ownership and transfer. A life estate grants use of the property for the lifetime of an individual, and upon their death, ownership reverts to another party, typically creating a separate title. Tenancy in common allows for each owner to have a distinct share of the property, and if they transfer their interest, it does not automatically confer