Tenants in common in West Virginia:
Correct Answer
C) May own unequal shares and have no right of survivorship
Tenancy in common allows co-owners to hold unequal shares and does not include the right of survivorship. Each tenant's share can be passed through their will or by intestate succession. Only the unity of possession is required.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
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.
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
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