Asked by Ramon Pantoja on Sep 30, 2024
Which of the following requires tenants to be married to each other?
A) Tenancy in partnership
B) Tenancy in common
C) Joint tenancy
D) Tenancy by the entirety
Tenancy by the Entirety
A form of joint property ownership available only to married couples, where each spouse has an undivided interest in the property and right of survivorship.
Tenancy in Partnership
Tenancy in Partnership describes a form of ownership where partners possess an undivided interest in property owned by the partnership for the purpose of the partnership's business.
Tenancy in Common
A form of ownership where two or more individuals own property together, each holding a distinct, undivided interest.
- Grasp the legal concepts related to the ownership and transfer of real property, including joint tenancy, tenancy in common, and tenancy by the entirety.
Learning Objectives
- Grasp the legal concepts related to the ownership and transfer of real property, including joint tenancy, tenancy in common, and tenancy by the entirety.