What is the term for joint tenancy ownership specifically for a husband and wife?

The term for joint tenancy ownership specifically for a husband and wife is known as Tenancy by the Entirety. This form of ownership is unique to married couples and offers several legal protections and benefits. One of the key features of Tenancy by the Entirety is that it provides a right of survivorship, meaning that if one spouse passes away, the surviving spouse automatically inherits the deceased spouse's interest in the property, avoiding probate.

Additionally, this type of ownership shields the property from individual creditors of either spouse, since the property is considered owned jointly. This protection helps to secure the marital property from claims that one spouse might face due to personal debts.

In contrast, other forms of ownership listed in the options do not possess these specific characteristics. Joint Tenancy allows for multiple owners but is not limited to married couples and typically does not offer the same protections. Common Law Ownership encompasses a broader range of property rights and is not specific to marriages. Estate in Severalty refers to property owned by one individual, lacking the joint rights that Tenancy by the Entirety provides.