Property OwnershipMEDIUM
Two unmarried individuals own property with equal interests and survivorship rights. This represents:
Correct Answer
C) Joint tenancy
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.
Answer Options
A
Tenancy in commonB
Community propertyC
Joint tenancyD
Tenants by entiretyVideo Explanation2 min
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Related Topics & Key Terms
Related Topics:
property-typesestate-planningco-ownership-formsright-of-survivorship
Key Terms:
joint tenancyright of survivorshipconcurrent ownershipfour unitiestenancy by the entirety
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