Co-Ownership

Which of the following are ways to classify joint ownership of property? (Select all that apply)

• Joint Tenancy

• Tenancy in Common

• Tenancy by Co-Owners

• Tenancy By Entirety

• All of the above

Is the right of survivorship a perk for a dying co-owner or a surviving co-owner?

• Dying co-owner

• Surviving co-owner

Can co-owners of property unilaterally decide to terminate the co-ownership relationship?

• Yes, always

• Yes, unless co-owners are siblings

• Yes, unless the co-owners are spouses

• No, mutual agreement of all co-owners is required

Rights and Responsibilities of co-owners apply to co-owners in which type of classification?

• Joint Tenancy

• Tenancy in Common

• Tenancy By Entirety

• All of the above

What is the most tested classification?

• Joint Tenancy

• Tenancy in Common

• Tenancy By Entirety

• All of the above