Property Ownership
What is 'tenancy in common' and how does it differ from joint tenancy in Idaho?
AThey are the same form of ownership
BTenancy in common allows unequal shares and no right of survivorship; joint tenancy requires equal shares and includes right of survivorship✓ Correct
CTenancy in common requires equal shares; joint tenancy allows unequal shares
DTenancy in common is only for commercial properties; joint tenancy is for residential
Explanation
In a tenancy in common, co-owners can hold unequal shares, and there is no right of survivorship — each owner's share passes through their estate (will or intestacy) at death. In joint tenancy, the four unities (equal shares, same deed, same time, same possession) are required, and survivorship applies. Idaho defaults to tenancy in common unless joint tenancy is expressly stated.
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