What type of property ownership can be dissolved by one party through a legal petition?

Joint tenancy is a form of property ownership characterized by the right of survivorship, meaning that if one owner passes away, their interest automatically transfers to the surviving owners. However, joint tenancy can be severed by one co-owner unilaterally through legal means. This results in a transformation of the ownership into a tenancy in common, where each owner holds their share independently without the right of survivorship.

This legal action can be initiated by one party filing a petition in court to dissolve the joint tenancy arrangement. As a result, the property can be owned in undivided interests, allowing for each tenant to sell or transfer their share separately. This capability to dissolve the joint tenancy through a legal petition is a distinctive feature that highlights how ownership structures can impact property rights and functions within the legal framework.