Two or more persons who own an undivided interest in property in such a way that each owner's interest passes to his heirs upon death are
A) joint tenants.
B) tenants by the entirety.
C) tenants in partnership.
D) tenants in common.
Correct Answer:
Verified
Q20: The legal name for an item of
Q21: A testamentary disposition is a
A) living trust.
B)
Q22: A pay-on-death (POD) account is also called
Q23: An ownership interest in property (an estate)
Q24: Property that is acquired by the personal
Q25: A living trust is also know as
Q26: Probate property typically includes the following:
A) Property
Q27: Under this type of property ownership, a
Q29: To determine equitable distribution of community property,
Q30: Nonprobate property includes
A) jointly owned property.
B) community
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