In which of the following types of ownership is the ownership interest transferred to an owner's spouse upon his or her death?
A) joint tenancy
B) tenancy in common
C) tenancy by the entirety
D) fee simple absolute

Question

Quizplus · Accepted Answer

Tenancy by the entirety is a type of joint ownership available only to married couples. In this type of ownership, the interest in the property is automatically transferred to the surviving spouse upon the death of the other spouse. This type of ownership also provides certain creditor protections not available in other forms of joint ownership.

In Which of the Following Types of Ownership Is the Ownership