Property Ownership

Under Kentucky law, which type of property would pass automatically to a surviving co-owner upon death WITHOUT going through probate?

ATenancy in common

BTenancy by the entirety✓ Correct

CSole ownership

DTenancy at will

Explanation

Tenancy by the entirety (available to married couples in Kentucky) includes the right of survivorship, meaning ownership passes automatically to the surviving spouse at death without probate. Tenancy in common does not have survivorship rights.

People Also Study

Key Terms to Know

Tenancy in Common

Co-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.

Joint Tenancy

Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.

Fee Simple

The highest and most complete form of property ownership — absolute ownership with the right to use, sell, or pass the property to heirs.

Deed

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).