If property is held by two or more owners as joint tenants, where does the interest of a deceased co-owner go?

When property is held as joint tenants, it means that the co-owners have equal shares in the property with the right of survivorship. This right of survivorship ensures that if one co-owner passes away, their interest in the property automatically transfers to the surviving co-owner(s) without the need for probate.

This principle is a fundamental aspect of joint tenancy, distinguishing it from other forms of ownership such as tenants in common, where the deceased's share would typically go to their heirs or beneficiaries. The mechanism of survivorship is designed to simplify the process of property transfer upon death and ensures that the surviving owners have full control of the property without outside interference.

Therefore, in the case of a deceased co-owner, the interest in the joint tenancy property goes directly to the surviving owner or owners, which is why this answer is correct.