Principles of Real EstateCâu 9 / 120
A form of co-ownership that includes the right of survivorship, meaning a deceased owner's share passes automatically to the surviving owners, is:
a.Joint tenancy
b.Tenancy in common
c.Ownership in severalty
d.A life estate
Giải thích
Joint tenancy includes the right of survivorship, so when one owner dies their interest passes automatically to the surviving joint tenants rather than through probate. It traditionally requires the four unities of time, title, interest, and possession. Tenancy in common, by contrast, has no survivorship right.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which government power allows the taking of private property for public use with just compensation?
- When a person dies without a will and without legal heirs, ownership of the property passes to the state through:
- Which of the following is an example of the government's police power?
- Ownership of real property by one individual or entity alone is called ownership in:
- The highest and most complete form of ownership interest in real estate is:
- An estate that lasts only for the duration of a specified person's life is a:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với Florida Real Estate Sales Associate Licensing Exam · Quy trình kiểm tra