Property Ownership
In Texas, 'tenancy in common' is the default form of co-ownership because:
AIt provides survivorship rights automatically
BWhen two or more people acquire property together without specifying joint tenancy, Texas law presumes tenancy in common✓ Correct
CIt is required by TREC for all residential sales
DCommunity property law requires it for married couples
Explanation
Under Texas Property Code, a conveyance to two or more persons creates a tenancy in common unless the deed expressly establishes joint tenancy with right of survivorship. Tenants in common each own an undivided fractional interest and their share passes through their estate upon death (no survivorship).
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