Three siblings hold title to a piece of property at the same time. Each of them has an undivided proportionate share of the whole and even if one of them dies, his or her share will not go to the other owners automatically. This is most likely to be an example of _____.
A) sole ownership
B) joint tenants with right of survivorship
C) tenants by the entirety
D) tenants in common

Question

Quizplus · Accepted Answer

When more than one person to hold title to a piece of property at the same time and each of the owners has an undivided proportionate share of the whole then it is known as tenancy in common. Joint tenancy is much like a tenancy in common except that when one of the owners dies, his or her share automatically goes to the other owners and is divided up proportionately.

Three Siblings Hold Title to a Piece of Property at the Same