Property OwnershipCâu 3 / 120
The key characteristic that distinguishes joint tenancy from tenancy in common is the:
a.Right of survivorship
b.Ability to sell one's share
c.Requirement of equal ownership shares
d.Right to possess the whole property
Giải thích
Joint tenancy includes the right of survivorship, so a deceased joint tenant's interest passes automatically to the surviving joint tenants rather than to heirs. Tenants in common have no survivorship and may hold unequal shares. Joint tenancy requires the four unities of time, title, interest, and possession.
Trích dẫn luật: CA Civil CodeLuyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which type of estate gives an owner the fullest bundle of rights, is of potentially unlimited duration, and is freely inheritable?
- An estate that lasts only for the duration of a named person's life is best described as a:
- Two unrelated investors buy a property together holding unequal fractional shares with no right of survivorship. They own as:
- In California, property acquired by either spouse during marriage, other than by gift or inheritance, is generally presumed to be:
- An easement appurtenant benefits a parcel of land. The parcel that receives the benefit is called the:
- A utility company's right to run power lines across many parcels, benefiting no particular parcel of land, is an example of an:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với California DRE Real Estate Salesperson License Exam · Quy trình kiểm tra