Property Ownership
Vermont's 'unity of time' requirement for joint tenancy means all joint tenants must:
AOwn equal shares of the property
BAcquire their interest at the same time✓ Correct
CHold the property for the same duration
DHave the right of survivorship
Explanation
Joint tenancy requires four unities: time (all interests acquired simultaneously), title (from the same instrument), interest (equal shares), and possession (right to possess all). Lack of any unity prevents creation of a joint tenancy.
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