Which ownership structure includes the right of survivorship?

The ownership structure that includes the right of survivorship is indeed tenancy by the entireties and joint tenancy. When two or more individuals hold property in a joint tenancy or as tenants by the entirety, they have equal shares in the property, and upon the death of one owner, their share automatically passes to the surviving owner or owners. This characteristic sets joint tenancy and tenancy by the entirety apart from other structures, such as tenancy in common, where there is no right of survivorship, meaning that an owner's share would be inherited by their heirs rather than automatically transferring to the other co-owners.

The right of survivorship provides a seamless transition of ownership, avoiding the probate process for the deceased owner's portion, which can simplify the transfer of property and reduce legal complexities for the surviving owners. This feature is significant for estate planning, as it allows for the automatic transfer of ownership without additional legal intervention.

In contrast, community property and fee simple absolute do not include this survivorship aspect. Community property typically refers to property owned jointly by married couples without the right of survivorship, while fee simple absolute is a form of ownership without restrictions, but does not involve co-ownership where the right of survivorship is relevant.