A corporation, composed of many stockholders, desired to take title to real property. They would most likely take title
A) as a legal life estate.
B) in severalty.
C) as tenants in common.
D) as holders of corporate property.
Correct Answer:
Verified
Q8: Concurrent interests in real property must
A) be
Q9: When property is held by two or
Q10: Joint tenants must acquire their interests in
Q11: The term "undivided interest" means
A) each co-owner
Q12: An estate in severalty is one held
Q14: Sylvia and Bart, sister and brother, purchased
Q15: All of the following are true of
Q16: Property owned in severalty
A) is owned concurrently
Q17: Ownership in severalty occurs when
A) two or
Q18: Four unities are required for the creation
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