________ is a form of co-ownership that includes the right of survivorship as well the right of tenants to unilaterally transfer their interest without the consent of co-tenants.
A) Tenancy in common
B) Joint tenancy
C) Cooperatives
D) Tenancy by the entirety

Question

Quizplus · Accepted Answer

Joint tenancy is a form of co-ownership where all tenants have equal ownership rights and the right of survivorship, meaning that upon the death of one tenant, their interest automatically transfers to the remaining tenants. Joint tenants also have the right to unilaterally transfer their interest to a third party without the consent of the other co-tenants. Tenancy in common (A) also involves co-ownership, but does not include the right of survivorship, and tenants cannot unilaterally transfer their interest without the consent of co-tenants. Cooperatives (C) involve ownership of shares in a corporation that owns the property, rather than direct ownership of the property itself. Tenancy by the entirety (D) is similar to joint tenancy, but is only available to married couples and includes additional protections not found in joint tenancy.

________ Is a Form of Co-Ownership That Includes the Right