Property Ownership
In Colorado, two unmarried people purchase a home with equal ownership shares and the right of survivorship. They hold title as:
ATenants in common
BCommunity property
CJoint tenants✓ Correct
DTenants by the entirety
Explanation
Joint tenancy includes the right of survivorship, meaning if one owner dies, their interest automatically passes to the surviving owner(s). It requires the four unities: time, title, interest, and possession.
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