Martin, who owned a piece of property along with two other tenants, executed a will by which he left all his property to his son.When Martin died, his son received his interest in the shared property and became a tenant with the other two owners.What kind of concurrent ownership would allow such a passage of title?
A)a joint tenancy
B)a tenancy in common
C)a tenancy by entirety
D)a community property

Question

Quizplus · Accepted Answer

In a tenancy in common, each tenant has a distinct and separate interest in the property. This means that they can sell, mortgage or will their undivided interest to someone else. Therefore, Martin was able to leave his interest in the shared property to his son through his will. The son then became a tenant in common with the other two owners. In a joint tenancy or tenancy by entirety, the right of survivorship exists, meaning that the surviving joint tenant(s) or spouse automatically inherits the deceased tenant's share of the property. Community property is a type of ownership that only exists in some states and is reserved for married couples.

Martin, Who Owned a Piece of Property Along with Two