In the state of New York, the disposition of property to two or more people creates a joint ownership interest. Whether the right of survivorship exists depends on the type of interest. In general, the disposition of property to two or more people is presumed to be as tenants in common -...
A joint tenant must have the right to the entire property. If the deed contains language that restricts one of the tenant's rights, the owners become tenants in common. For instance, say "John" and "Jane" are joint tenants on a deed, but the deed says John can't live in the house ...