Justin and Kylie are married and own a certain piece of real property jointly. Neither spouse individually can terminate the ownership; only a joint decision to do so will be effective, and they are said to hold the property as _____.

Question

Quizplus · Accepted Answer

The phrase "neither spouse individually can terminate the ownership; only a joint decision to do so will be effective" indicates that Justin and Kylie hold the property as tenants by the entirety. This form of ownership is only available to married couples and provides a right of survivorship, which means that if one spouse dies, the other spouse automatically becomes the sole owner of the property.

Justin and Kylie Are Married and Own a Certain Piece