Property Ownership

Oklahoma recognizes tenancy by the entirety for married couples. This form of ownership:

AIs identical to joint tenancy and can be severed by either spouse
BProvides that neither spouse can convey or encumber the property without the other's consent, and includes a right of survivorship✓ Correct
CIs only available for commercial properties
DRequires both spouses to be named on the deed but allows individual encumbrance

Explanation

Tenancy by the entirety in Oklahoma allows married couples to hold property with right of survivorship and requires both spouses' consent for any conveyance or mortgage. It protects against one spouse unilaterally encumbering marital property.

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