Tenants by The Entirety is the best way to title residential real estate if you are married and if the real estate is your primary residence. Unlike joint tenancy, if only one party owes a debt to a creditor the creditor cannot attach the property to satisfy its debt. If both parties owe the debt then tenants by the entirety operates the same way joint tenancy does. A creditor can obtain a judgment and ultimately sell the residence in order to satisfy its debt. Probate is not necessary upon the first death, but is most likely necessary upon the death of the survivor unless the interest in the real estate is held in trust.
Joined Tenancy with right of survivorship transfers the real estate immediately to the surviving owner upon death by operation of law. Each owner has an undivided interest in the real estate. Probate is not necessary upon the first death, but is most likely necessary upon the death of the survivor unless the interest in the real estate is held in a trust.
Tenants-in-Common transfers the real estate to your heirs or pursuant to your last will and testament. Probate is probably necessary unless the interest in the real estate is held in a trust.