Property Ownership
What is a tenancy in common in Nevada?
AA form of ownership restricted to married couples
BCo-ownership where each owner holds an undivided interest with no right of survivorship; interests can be unequal and freely transferred✓ Correct
CA lease arrangement between multiple tenants
DAn HOA-governed type of condo ownership
Explanation
Tenancy in common allows two or more persons to own undivided interests in the same property. Each co-tenant's interest can be of different sizes, can be transferred independently, and passes through their estate upon death (no right of survivorship).
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