How does Delaware treat joint tenancy with rights of survivorship?

Delaware recognizes joint tenancy with rights of survivorship as a legal arrangement where co-owners have equal rights to the property, and upon the death of one tenant, their interest automatically passes to the remaining tenant(s). This means that when a joint tenant dies, their share does not become part of their estate but directly transfers to the surviving tenant(s) without the need for probate. This provision makes joint tenancy with rights of survivorship a popular option for property ownership, as it simplifies the process of transferring ownership after death and can help avoid potential disputes or delays associated with probate proceedings.

The other options do not align with how Delaware law treats joint tenancy with rights of survivorship. For instance, court approval after the death of a tenant is not necessary, as the transfer of ownership occurs automatically. Similarly, the tenancy does not dissolve without transferring assets; rather, it continues with the surviving tenant(s) taking over the deceased tenant's share. Lastly, the requirement for all tenants to agree on how to distribute assets does not apply in this context since the transfer of rights upon a tenant's death occurs automatically, bypassing the need for consensus among joint tenants.