Property Ownership

The four unities required to create a joint tenancy are:

ATime, title, interest, and possession (TTIP)✓ Correct
BDeed, consideration, delivery, and acceptance
CPossession, intent, use, and exclusion
DOwnership, control, use, and disposition

Explanation

Joint tenancy requires four unities: Time (same time of acquisition), Title (same instrument), Interest (equal shares), and Possession (equal right to possess the whole). If any unity is broken, the joint tenancy converts to tenancy in common.

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