Which of the following forms of co-ownership of real property applies only to married couples?
A)joint tenancy
B)community property
C)tenancy in common
D)condominium

Question

Quizplus · Accepted Answer

Community property is a form of co-ownership of real property that is only applicable to married couples. Under community property, each spouse has an equal ownership interest in the property, and it is presumed that any property acquired during the marriage is community property. Joint tenancy and tenancy in common can be utilized by any co-owners, and condominium ownership is available to individuals or any type of legal entity.

Which of the Following Forms of Co-Ownership of Real Property