Property OwnershipIntermediateAlaska Exam

A tenancy in common differs from joint tenancy primarily in that:

ATenants in common must hold equal shares
BTenants in common have no right of survivorship, and each owner's share can be inheritedCorrect
CTenants in common cannot sell their interest without consent of co-owners, as a general rule
DTenancy in common is only available to married couples

Why Tenants in common have no right of survivorship, and each owner's share can be inherited Is Correct

Answer B: Tenants in common have no right of survivorship, and each owner's share can be inherited

The primary difference is the right of survivorship. In tenancy in common, when one owner dies, their share passes through their estate (by will or intestacy), not automatically to the co-owners.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

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