Property Ownership
A Minnesota couple is purchasing a home together, both contributing equally to the down payment. They want to ensure that if one dies, the survivor automatically owns the entire property without probate. They should take title as:
ATenants in common
BJoint tenants with right of survivorship✓ Correct
CCommunity property
DFee simple absolute each
Explanation
Joint tenancy with right of survivorship ensures that upon the death of one owner, their interest automatically passes to the surviving owner without going through probate. This is the most common choice for couples in Minnesota who want to ensure seamless transfer of property at death. The four unities (time, title, interest, possession) must be present for joint tenancy.
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