EstatePass
Property OwnershipOwnership TypesMEDIUM

Which type of ownership allows multiple parties to own property with the right of survivorship?

Correct Answer

D) Both B and C

Both joint tenancy and tenancy by the entirety include the right of survivorship, meaning when one owner dies, their interest automatically passes to the surviving owner(s). Tenancy in common does not include this right.

Answer Options
A
Tenancy in common
B
Joint tenancy
C
Tenancy by the entirety
D
Both B and C
Audio Lesson3 min
Study Infographics
Study card infographic for: Which type of ownership allows multiple parties to own property with the right o
Download

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Property Ownership Question

Sign up free to unlock full analysis

Background Knowledge for Property Ownership

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Property Ownership

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

estate-planning-basicsproperty-rights-and-interestsprobate-procedures

Key Terms:

right of survivorshipjoint tenancytenancy by the entiretytenancy in commonconcurrent ownership
Was this explanation helpful?

More Property Ownership Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing