All of the following are characteristics of tenancy by the entirety in Florida EXCEPT:
Correct Answer
D) It can be created between unmarried cohabitating partners
Correct: Tenancy by the entirety in Florida can ONLY exist between legally married spouses, not unmarried partners. Why not A: This is a true characteristic - only married spouses can hold property as tenants by the entirety. Why not B: This is true - neither spouse can convey without the other's consent. Why not C: This is true - tenancy by the entirety provides creditor protection in Florida.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
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Previous Question
Maria and Carlos purchase a waterfront home in Miami as joint tenants with right of survivorship. Two years later, Carlos secretly deeds his interest to his brother without Maria's knowledge. What is the legal effect of this transfer under Florida law?
Next Question
Jennifer and Michael own a Tampa condominium as tenants by the entirety. Jennifer has significant credit card debt, and her creditors are seeking to place a lien on the property. Michael has no debts. Under Florida law, what can the creditors do?