What happens to a joint tenant's interest in property upon their death?

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Prepare for the Nova Scotia Real Estate Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to succeed!

When a joint tenant dies, their interest in the property does not pass to their estate or get divided among the remaining joint tenants. Instead, the deceased joint tenant's interest is automatically transferred to the surviving joint tenants. This is due to the principle of "right of survivorship," which is a key characteristic of joint tenancy.

In a joint tenancy arrangement, all tenants hold an equal share of the property, and this form of ownership creates an interlinked relationship among the joint tenants. When one joint tenant passes away, their share seamlessly merges into the interests of the other joint tenants, leading to the remaining owners having a larger share of the property. Therefore, the correct answer highlights the legal principle governing joint tenancy, emphasizing that the property's ownership continues uninterrupted without the need for probate or sale to settle any debts.

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