Property Ownership

What is the distinguishing characteristic of a tenancy in common?

ARight of survivorship
BEach co-owner holds an undivided interest that can be separately sold or inherited✓ Correct
CEqual ownership shares are required
DOnly available to married couples

Explanation

Tenancy in common allows each owner to hold a separate, undivided interest of any size. Unlike joint tenancy, there is no right of survivorship — a tenant in common can sell or devise their share independently.

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