Sole Ownership .
Sole proprietorship means that one person has complete ownership of, and control over, the property.
As the sole owner, you decide how you want to dispose of your property. You may sell it, divide it, gift it, or bequeath it to your heirs in accordance with your desires. Upon your death the property would pass in accordance with your wishes pursuant to your will. With Right of Survivorship . Join tenancy is the concurrent ownership by two or more persons of a parcel of property which the ownership and control would be shared equally among all the joint owners during their lifetimes The entire property may only be sold or transferred with the written consent of all joint owners.