Deed

===Joint ownership===
Ownership transfer may also be crafted within deeds to pass by demise, as where a property is held in [[concurrent estate]] such as "joint tenants with right of survivorship" (JTWROS) or "tenants by the entirety". In each case, the title to the property immediately and automatically vests in the named survivor(s) upon the death of the other tenant(s).

In most states joint tenancy with the right of survivorship requires all owners to have equal interests in the property, meaning upon sale or partition of the property, all owners would receive an equal distribution of the proceeds.

Joint ownership may also be by tenants in common (TIC). In some states, joint ownership is presumed to be as tenants in common unless the parties are married and the deed so states or the deed sets for joint tenants with right of survivorship. Upon death, the decedent's share passes to his or her estate.

A [[life estate]] is the right to use, possess and enjoy the property for a period of time measured by the natural life of a person or persons.  When all life tenants are dead, the remainderman holds full title.