What term best describes an ownership arrangement where two or more people hold a single title with equal rights?

The term that best describes an ownership arrangement where two or more people hold a single title with equal rights is "Joint Tenancy." In a joint tenancy, each co-owner has an equal share in the property, and one of the defining features of this arrangement is the right of survivorship. This means that if one co-owner passes away, their share automatically transfers to the surviving co-owners, rather than being inherited by heirs. This creates a unified ownership structure among the parties involved, ensuring that everyone's rights and interests are harmonized within the shared title.

In contrast, Tenants by the Entireties is a specific form of joint ownership that is only available to married couples, emphasizing the unity of marriage in property ownership. Judicial Sales refer to sales ordered by a court, usually due to foreclosure or other legal actions and do not describe a co-ownership arrangement. A Trust is a legal entity that holds property for the benefit of specific individuals, rather than indicating direct ownership by multiple parties. Thus, "Joint Tenancy" is the most fitting description for the stated arrangement of equal rights in ownership.