Bob and his sister,Claudia,can own property by:
A)a tenancy by the entireties.
B)tenancy in common.
C)joint tenancy.
D)Any of the above.
E)Both (b) and (c) above.

Question

Quizplus · Accepted Answer

Bob and Claudia can own property either with a tenancy in common or a joint tenancy. A tenancy by the entireties is a form of joint tenancy available only to married couples, so it is not applicable in this case. Both tenancy in common and joint tenancy allow each owner to have a separate interest in the property, but joint tenancy includes the right of survivorship, which means that if one owner dies, their share automatically transfers to the other owner(s). Therefore, both options (b) and (c) are valid choices for Bob and Claudia to own property together.

Bob and His Sister,Claudia,can Own Property By