Under Oregon law, which of the following is NOT a recognized form of co-ownership of real property?
Correct Answer
A) Tenancy by the entirety for married couples
Oregon does NOT recognize tenancy by the entirety. This form of co-ownership, which is available only to married couples and carries automatic survivorship rights, has not been adopted in Oregon. Married couples in Oregon may hold property as joint tenants or as tenants in common, but not as tenants by the entirety.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Community property is a system where property acquired during a marriage is owned equally by both spouses.
A freehold estate represents ownership of real property with an indefinite duration.
Joint tenancy is a form of co-ownership in which two or more persons hold equal, undivided interests in property with the right of survivorship. When one joint tenant dies, their interest automatically passes to the surviving joint tenants.
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