Property Ownership

Which type of co-ownership in Iowa allows spouses to each hold an undivided interest with no right of survivorship?

AJoint tenancy
BTenancy in common✓ Correct
CCommunity property
DTenancy by the entireties

Explanation

Iowa does not recognize community property or tenancy by the entireties. Spouses who want co-ownership without survivorship rights typically hold as tenants in common, each owning an undivided interest.

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