Final answer:
Tenancy by the entirety is a form of joint ownership that exists only between husband and wife. It grants equal ownership rights to both spouses and includes the right of survivorship, meaning that if one spouse passes away, the other becomes the sole owner of the property.
Step-by-step explanation:
A form of joint ownership that may exist only between husband and wife is Tenancy by the entirety. In this type of ownership, both spouses hold equal ownership rights to the property and have the right of survivorship. This means that if one spouse passes away, the other automatically becomes the sole owner of the property. Tenancy by the entirety is a common form of joint ownership in real estate and provides protection to both spouses in case of death or divorce.