In a tenancy by entirety, what right does each spouse have regarding ownership after the other spouse's death?

In a tenancy by entirety, the key characteristic is the right of survivorship. This means that when one spouse dies, the surviving spouse automatically takes full ownership of the property without the need for probate or any legal intervention. This form of tenancy is specifically designed for married couples, and it ensures that the property remains with the surviving spouse, promoting financial security and continuity in ownership.

The right of survivorship provides a significant advantage in estate planning because it simplifies the transfer of property between spouses upon the death of one partner. This ownership structure prevents the property from being divided or managed by external parties, ensuring that it seamlessly transitions to the surviving spouse.

The other options, such as severance of interest or reversion of property, do not apply in this context. A life estate succession involves different legal principles and doesn't pertain to the ownership structure shared by married couples. Understanding this principle is crucial for those studying real estate, particularly in contexts where marital property rights come into play.