Property Ownership
In Virginia, when two or more persons own real property with equal undivided interests and the right of survivorship, this is called:
ATenancy in common
BJoint tenancy✓ Correct
CTenancy by the entirety
DCommunity property
Explanation
Joint tenancy includes the right of survivorship, meaning that when one joint tenant dies, the surviving joint tenant(s) automatically receive the deceased's interest. Virginia requires clear intent to create joint tenancy.
Related Virginia Property Ownership Questions
- A Virginia property owner's title is best described as 'marketable' when:
- In Virginia, a property owner who wants to divide their land into two or more lots for sale must typically go through which process?
- A life estate in Virginia gives the life tenant the right to:
- In Virginia, title to real property is transferred by delivery and acceptance of a valid deed. The deed is considered delivered when:
- A Virginia property owner grants an easement to a utility company to run power lines across the back of the property. This is an example of:
- In Virginia, adverse possession requires continuous, open, hostile, and exclusive use for:
- In Virginia, a lis pendens is best described as:
- In Virginia, the power of eminent domain may be used by:
Practice More Virginia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Virginia Quiz →