Joint Tenancy with Right of Survivorship (JTWROS)
The ability to own assets jointly, if there are two or more individuals who have rights to the assets. It essentially permits two or more individuals to own the property as though they were one individual. Graham v. Allen, 11 Ariz. App. 207, 208 (1970). The right of survivorship refers to what happens when one of the owners dies. The last surviving owner gets the whole interest in the property.