Direct co-ownership implies that each co-owner holds a titled interest in the property, but without exclusive possession with respect to the other co-owners. Which of the following types of direct co-ownership is considered the closest to the fee simple absolute estate?
A) Tenancy in common
B) Tenancy by the entirety
C) Condominium
D) Tenancy at Will

Question

Quizplus · Accepted Answer

Tenancy in common provides each co-owner with a separate and distinct title, which includes ownership of a specific, undivided portion of the property that they can dispose of as they wish. This kind of co-ownership has the most similarities to fee simple absolute ownership, as each co-owner has the right to use, possess, and dispose of their share of the property without the permission of the other co-owners.

Direct Co-Ownership Implies That Each Co-Owner Holds a Titled Interest