Property Ownership (alternative)

Under Maryland law, a tenancy by the entirety can only be created between:

AAny two individuals

BBusiness partners

CLegally married spouses✓ Correct

DParent and child

Explanation

In Maryland, tenancy by the entirety is a special form of co-ownership available exclusively to legally married spouses, providing protection against individual creditors.

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Key Terms to Know

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.

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.

Deed

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

Easement

A non-possessory right to use another person's land for a specific purpose.