Nevada Timeshare License Practice Exam

What type of title cannot be willed to heirs and must include at least two human beings?

1. Tenancy by the Entirety

2. Joint Tenancy With Right of Survivorship

3. Tenancy in Common

4. Community Ownership

The correct answer is: Joint Tenancy With Right of Survivorship

The type of title that cannot be willed to heirs and must include at least two human beings is Joint Tenancy With Right of Survivorship. This form of ownership is structured so that when one of the joint tenants passes away, their interest does not get passed on through a will, but rather automatically transfers to the surviving joint tenant(s). This characteristic is crucial because it ensures that the property remains intact within the group of remaining owners rather than becoming subject to the deceased owner's estate. Joint Tenancy With Right of Survivorship requires at least two individuals to hold the title together, creating a distinct legal arrangement that differentiates it from other forms of co-ownership. Meanwhile, other forms of ownership such as tenancy by the entirety often apply only to married couples, and community ownership can vary in structure depending on local laws, but they do not possess the same automatic transfer of ownership provision upon death, which is the defining characteristic of joint tenancy with the right of survivorship.