Property Ownership
In Florida, which form of co-ownership is ONLY available to legally married couples?
AJoint tenancy
BTenancy in common
CTenancy by the entireties✓ Correct
DTenancy at will
Explanation
Tenancy by the entireties is a form of co-ownership available only to legally married couples in Florida. It includes the right of survivorship and provides special protection — neither spouse can convey their interest without the consent of the other.
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Key Terms to Know
Joint Tenancy
Co-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.
Tenancy in CommonCo-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.
Fee SimpleThe highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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