Ted is the only person who holds title to a house. He does not have to consult with anyone to determine how the house can be used. He is the only one responsible for paying for the property, repairs, taxes, and harm that occurs to another from use of the house. This is an example of _____.
A) joint tenants with right of survivorship
B) sole ownership
C) tenants in common
D) tenants by the entirety

Question

Quizplus · Accepted Answer

in the case of sole ownership title to the property is held by only one person. The single owner owns the property and does not have to consult with anyone to determine how the property can be used. The sole owner is the only one responsible for paying for the property, repairs, taxes, and harm that occurs to another from use of the property.

Ted Is the Only Person Who Holds Title to a House