Property Ownership
Property Ownership Practice Question
Two unmarried individuals own property with equal interests and survivorship rights. This represents:
A
Tenancy in commonB
Community propertyC
Joint tenancyD
Tenants by entiretyExplanation
Joint tenancy includes the right of survivorship, meaning when one owner dies, their interest automatically passes to the surviving owner(s). Tenants by entirety is only for married couples.
More Property Ownership Questions
The right of a property owner to use their property in any legal manner is known as:
A life estate is an example of:
What is the primary difference between real property and personal property?
In Florida, littoral rights apply to property bordering:
The highest form of property ownership in the United States is:
Practice More Questions
Access 2,000+ practice questions and pass your real estate exam.
Get Started Free