Lloyd and Maya are married and own a farm in Nebraska in such a way that neither may transfer separately his or her interest during his or her lifetime.Lloyd and Maya own the farm as
A)tenants by the entirety.
B)joint tenants.
C)none of the choices.
D)tenants in common.

Question

Lloyd and Maya are married and own a farm in Nebraska in such a way that neither may transfer separately his or her interest during his or her lifetime.Lloyd and Maya own the farm as​
A)tenants by the entirety.
B)joint tenants.
C)none of the choices.
D)tenants in common.

Quizplus · Accepted Answer

This is the form of ownership that allows a husband and wife to own property together with right of survivorship. Neither spouse can transfer their individual interest in the property without the other's consent. In this case, Lloyd and Maya cannot transfer their interest in the farm separately during their lifetime, which indicates that they are tenants by the entirety.

Lloyd and Maya Are Married and Own a Farm in Nebraska