When it comes to selecting between joint tenancy and tenants in common, the decision depends on personal conditions. Joint tenancy may offer the benefit of automated transfer of ownership upon one owner's passing away, while tenants in common enable each partner to divide their share with a will. It is crucial to consider factors such as future plans, estate planning objectives, and taxation effects before deciding which option is right for you. Don't hesitate to contact an experienced broker or lawyer for advice on what type of arrangement would suit your individual needs best!