Property Ownership
Tenancy in common is characterized by:
AEqual ownership shares only
BThe right of survivorship
CUndivided interests that may be unequal and pass by will or intestacy✓ Correct
DRequired spousal co-ownership
Explanation
Tenancy in common allows two or more owners to hold undivided interests in property in equal or unequal shares. Each tenant in common may transfer their interest freely, and upon death their share passes by will or intestacy, not survivorship.
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