Property Ownership

What is 'tenancy by the entirety'?

AA type of co-ownership recognized in most states for married couples with right of survivorship✓ Correct
BThe standard California form of married couple ownership
CA form of ownership for business partners only
DAn ownership form requiring all partners to agree before any sale

Explanation

Tenancy by the entirety is a special form of joint ownership available to married couples in many states but NOT recognized in California. California married couples instead hold property as community property, community property with right of survivorship, or joint tenancy.

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