Multiple Choice
Billy decides to purchase some property in equal ownership with a co-worker.They plan to build a vacation home on it.Billy wants to make sure that if he dies,his wife and kids will get his share of the property.Billy and his friend should own the property as:
A) joint tenants.
B) tenants in common.
C) tenants by the entirety.
D) tenants by the survivorship.
E) tenants for life and death.
Correct Answer:

Verified
Correct Answer:
Verified
Q68: Jimmy and Kathy are married and own
Q69: Co-ownership of a multiple-dwelling building where a
Q70: In an easement appurtenant,the land over which
Q71: Jon has sold the rights to extract
Q72: Which types of property interests can be
Q74: Bob owns a life estate in a
Q75: A deed is used to:<br>A) provide proof
Q76: An owner who wishes to use property
Q77: The type of estate that an owner
Q78: What is the distinguishing feature of joint