Property OwnershipQuestion 4 of 120
Two unrelated investors buy a property together holding unequal fractional shares with no right of survivorship. They own as:
a.Joint tenants
b.Community property
c.Tenants in severalty
d.Tenants in common
Explanation
Tenancy in common allows co-owners to hold unequal, freely transferable fractional interests, and each share passes to that owner's heirs at death. There is no survivorship right. This is the default form of co-ownership in California when survivorship is not specified.
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