The most common form of shared ownership used by marriage partners is

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Joint tenancy is the most common form of shared ownership used by marriage partners because it allows them to have equal ownership and rights to the property. In joint tenancy, when one spouse passes away, their share automatically transfers to the surviving spouse without the need for probate. Tenancy in common allows for unequal ownership and rights to the property, while joint venture is a business partnership and not commonly used for shared ownership of property. Fee simple refers to full ownership of property and is not a form of shared ownership.

The Most Common Form of Shared Ownership Used by Marriage