A property owner in Arizona has tenancy in common with another person. The owner dies. Their interest in the property:
Why Is distributed according to the owner's will or intestacy laws Is Correct
Answer B: Is distributed according to the owner's will or intestacy laws
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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Key Terms to Know
Co-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
EasementA non-possessory right to use another person's land for a specific purpose.
Life EstateA freehold interest in real property that lasts only for the duration of a specified person's life.
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