Property Ownership
What are the 'four unities' required to create a joint tenancy?
ALocation, price, size, and use
BTime, title, interest, and possession✓ Correct
CDeed, consideration, delivery, and acceptance
DOwnership, control, benefit, and burden
Explanation
Joint tenancy requires four unities: Time (interests acquired at the same time), Title (from the same document), Interest (equal shares), and Possession (undivided right to possess the whole property). If any unity is broken, the joint tenancy converts to a tenancy in common.
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