A form of joint ownership of property by two or more persons in which the ownership interest of any one of the owners can be sold, transferred or inherited is known as:
A) tenancy by the entirety.
B) tenancy in common.
C) joint tenancy.
D) co-ownership.

Question

Quizplus · Accepted Answer

Tenancy in common allows each owner to have an undivided interest in the property, which can be sold, transferred, or inherited independently of the other owners. This distinguishes it from other forms of joint ownership, such as joint tenancy or tenancy by the entirety, where rights of survivorship or other restrictions apply.

A Form of Joint Ownership of Property by Two or More