Property Ownership
Tenancy in common in Iowa is characterized by:
AEqual undivided interests with right of survivorship
BUndivided interests that may be unequal and pass to heirs (not to co-owners) upon death✓ Correct
COwnership restricted to married couples
DOwnership that requires unanimous consent for all decisions
Explanation
Tenancy in common allows two or more persons to hold undivided interests in the same property. Interests may be unequal. There is no right of survivorship — upon a co-owner's death, their interest passes to their heirs (through will or intestacy), not to the surviving co-owners.
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