What distinguishing feature does Tenancy by the Entirety offer?

Tenancy by the Entirety is a special form of co-ownership that is exclusively available to married couples. The distinguishing feature of this arrangement is the right of survivorship, which means that when one spouse passes away, the surviving spouse automatically inherits full ownership of the property without the need for probate. This feature not only simplifies the transfer of ownership but also provides a degree of protection from creditors; generally, only joint debts of the couple can be satisfied against the property, while the individual debts of either spouse do not allow creditors to claim the property.

This right of survivorship under Tenancy by the Entirety emphasizes the unity of the couple in ownership and reflects the legal view that the couple is a single entity when it comes to owning property. Thus, when in a Tenancy by the Entirety, the couple shares equal rights to the property, and upon the death of one, the survivor automatically becomes the sole owner.

The other options do not apply to Tenancy by the Entirety. Partitioning property is not allowed in this ownership type as it must remain intact until one party passes away. Exclusive rights to one party contradicts the joint ownership aspect of Tenancy by the Entirety, as both spouses have equal rights during their lifetime. C