Chapter 16
Forms of ownership
Who holds title, and what happens when an owner dies
An explorable chapter on forms of ownership for the real estate exam: severalty, tenancy in common, joint tenancy and survivorship, tenancy by the entirety, community property, condominiums and cooperatives.
- 16.1Severalty and tenancy in commonOne owner, or shares that can be sold and inherited
- 16.2Joint tenancyFour unities and the right of survivorship
- 16.3Ownership by married couplesTenancy by the entirety and community property
- 16.4Condominiums and cooperativesA deed to a unit, or shares and a lease
- 16.5When owners sell, marry or dieWatch the shares move

