Property Ownership
In Iowa, when a parcel of real estate is transferred to two or more persons without specifying the form of co-ownership, Iowa law presumes:
AJoint tenancy with right of survivorship
BTenancy in common✓ Correct
CTenancy by the entirety
DCommunity property ownership
Explanation
Iowa law presumes tenancy in common when real estate is transferred to two or more persons without expressly stating joint tenancy or another form. To create a joint tenancy in Iowa, the deed must expressly state the intent to create a joint tenancy with right of survivorship.
Related Iowa Property Ownership Questions
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