Property Ownership

In Maine, when a married couple purchases a home and takes title as 'John and Mary Smith, husband and wife,' this creates:

ATenancy in common
BJoint tenancy
CTenancy by the entirety✓ Correct
DCommunity property

Explanation

In Maine, when a married couple takes title and their marital status is identified in the deed, the presumption is tenancy by the entirety — the strongest form of co-ownership protection for married couples.

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