Unity of possession requires that each of the joint tenants must take the same undivided possession of the property as a whole and enjoy the same rights until one of the joint tenants dies. Unity of title indicates that the joint tenants hold their property under the same title. Unity of time signifies that the estates of each of the joint tenants is vested for exactly the same period. No one joint tenant can have a larger share than any of the others. Unity of interest means that each joint tenant owns an undivided interest in the property as a whole. In a joint tenancy, there are four unities, those of interest, time, title, and possession. A typical conveyance of such a tenancy would be "Grantor conveys Blackacre to A, B, and C and their heirs in fee simple absolute." The main feature of a joint tenancy is the RIGHT OF SURVIVORSHIP.If any one of the joint tenants dies, the remainder goes to the survivors, and the entire estate goes to the last survivor. Joint Tenancy A joint tenancy is a type of concurrent ownership whereby property is acquired by two or more persons at the same time and by the same instrument.
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