David and Lisa, an unmarried couple, purchase a Sarasota home as joint tenants with right of survivorship. Two years later, they marry. What is the effect on their property ownership?
Correct Answer
B) Ownership remains joint tenancy unless they execute a new deed
Correct: Marriage does not automatically change the form of property ownership; the couple would need to execute a new deed to convert to tenancy by the entirety. Why not A: Conversion to entirety ownership requires affirmative action, not automatic operation of law. Why not C: Marriage does not convert joint tenancy to tenancy in common. Why not D: Re-recording the same deed would not change the ownership form.
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