Which type of ownership allows for the property to be inherited by heirs?

Tenancy in common is the correct answer because it allows co-owners to hold individual shares of the property, which can be passed on to their heirs upon their death. Each tenant in this arrangement has a distinct, transferable interest in the property, meaning they can sell or will their share to someone else.

In joint tenancy, on the other hand, the right of survivorship applies. This means that when one owner dies, their share automatically goes to the surviving owners rather than being passed on to their heirs.

Tenancy by the entirety is a form of joint ownership that exists only between married couples and also includes the right of survivorship, preventing heirs from inheriting a deceased spouse's share.

Estates in severalty refer to property owned by a single individual with no co-owners. Since there are no tenants to share ownership, the issue of inheritance by heirs does not apply in the same context as with tenants in common.

Thus, tenancy in common uniquely allows ownership interests to be inherited, making it the appropriate choice.