Which type of co-ownership is specifically limited to married couples and includes the right of survivorship?

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The type of co-ownership that is specifically limited to married couples and includes the right of survivorship is known as tenancy by the entirety. This form of ownership is unique because it is available exclusively to spouses, which means that both partners own the entire property as a single legal entity.

One of the key features of tenancy by the entirety is the right of survivorship, which means that if one spouse passes away, the surviving spouse automatically becomes the sole owner of the property, without the need for probate. This aspect provides a level of protection and security for married couples, ensuring that the property remains within the family lineage without interference from outside parties.

In contrast, forms of co-ownership like joint tenancy are available to any co-owners and also include the right of survivorship but are not restricted to married couples. Tenancy in common allows for fractional interests in the property, which can be owned by any number of individuals, regardless of their relationship. Community property refers to a specific legal regime found in some states that governs property acquired during marriage, but it does not inherently include the right of survivorship unless specifically structured to do so. Thus, the defining characteristics of tenancy by the entirety make it the correct choice in this context.

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