Property Ownership (alternative)
In Maryland, a property owned by a corporation is held as a(n):
ATenancy by the entirety (alternative)
BFee simple or other estate in the entity's name, since corporations are separate legal persons✓ Correct
CJoint tenancy with the shareholders
DTenancy in common among the directors
Explanation
Corporations are legal entities separate from their owners. A corporation can hold real property in fee simple in its own name, and the property is not co-owned directly by the shareholders.
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