Property Ownership

What is a 'tenancy by the entirety' and does Idaho recognize it?

AA form of co-ownership available to married couples; Idaho recognizes it
BA form of co-ownership available to married couples; Idaho does not recognize it — community property is used instead✓ Correct
CA commercial property ownership form recognized in Idaho
DA form of ownership for partners in a business; Idaho recognizes it

Explanation

Tenancy by the entirety is a form of co-ownership available only to married couples in common law property states, with right of survivorship and creditor protection. Idaho does NOT recognize tenancy by the entirety because Idaho is a community property state — married couples typically own property as community property.

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