Which of the following statements is true of tenancy by the entirety?
A) Upon the death of an owner, his or her property interest is divided among the other owners.
B) Upon divorce, tenancy by the entirety automatically becomes tenancy in common.
C) Owners may sell their interest in the property without the consent of the other owners.
D) Creditors of only one owner may attach the property.

Question

Quizplus · Accepted Answer

Tenancy by the entirety is a form of joint ownership between married couples, and upon divorce, it automatically becomes tenancy in common. Option A is incorrect as the property interest of the deceased owner does not get divided among the other owners, but instead passes to the surviving owner. Option C is also incorrect as owners cannot sell their interests without the consent of the other owner(s). Option D is incorrect as the property cannot be attached by creditors of only one owner; it can only be attached by joint creditors of both owners.

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