Which of the following is true of a tenancy by the entirety?
A)It can only be formed by and between corporations.
B)It does not include the right of survivorship.
C)It cannot be created by express words alone.
D)It cannot be transferred by one of the tenants without the consent of the other.

Question

Quizplus · Accepted Answer

A tenancy by the entirety is a form of joint ownership that can only be created by married couples. The main characteristic of a tenancy by the entirety is the right of survivorship, which means that if one spouse dies, the other spouse automatically becomes the sole owner of the property. In a tenancy by the entirety, both spouses have an equal interest in the property, and they both have the right to use and enjoy the property. However, neither spouse can transfer or sell their interest in the property without the consent of the other spouse. This is why choice D is the correct answer.

Which of the Following Is True of a Tenancy by the Entirety