Aaron and Janelle enjoyed years of experiences shared through their rewarding ownership of Crystal Lake Cottage Resort Inc.When Aaron died unexpectedly,the title automatically transferred to Janelle.Aaron's family has decided to dispute Janelle's right to ownership.What is the name given to the type of ownership interest enjoyed by Aaron and Janelle that allowed her to acquire ownership in this manner?
A) co ownership
B) tenancy in common
C) joint tenancy
D) fee simple

Question

Quizplus · Accepted Answer

Joint tenancy includes the right of survivorship, meaning when one owner dies, their interest in the property automatically transfers to the surviving owner(s), as was the case between Aaron and Janelle.

Aaron and Janelle Enjoyed Years of Experiences Shared Through Their