Property Ownership
In Texas, 'tenancy by the entirety' is:
AA form of ownership available to married couples providing survivorship and creditor protection
BNot recognized in Texas; married couples use community property or joint tenancy✓ Correct
CThe same as joint tenancy in Texas
DA TREC-created form of co-ownership for business partners
Explanation
Texas does not recognize tenancy by the entirety—a form of ownership limited to married couples in many states. In Texas, married couples typically hold property as community property or may elect joint tenancy with right of survivorship. Each form has different implications for survivorship rights and creditor protection.
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