Betsy and Carol own a duplex in Denver as joint tenants.Betsy sells her rights in the property to Ellen.Carol and Ellen are
A)tenants by the entirety.
B)joint tenants.
C)none of the choices.
D)tenants in common.

Question

Betsy and Carol own a duplex in Denver as joint tenants.Betsy sells her rights in the property to Ellen.Carol and Ellen are​
A)tenants by the entirety.
B)joint tenants.
C)none of the choices.
D)tenants in common.

Quizplus · Accepted Answer

After Betsy sells her rights to Ellen, Carol and Ellen are tenants in common because they each hold a separate and distinct share of the property. They do not have the right of survivorship, which is a defining characteristic of joint tenancy. Tenancy by the entirety is a form of joint tenancy that is reserved for married couples, so that option is also not applicable in this scenario.

Betsy and Carol Own a Duplex in Denver as Joint