Karen, Kelsey, Rita, and Lizzi Own a Large Commercial Building

Multiple Choice

Karen, Kelsey, Rita, and Lizzi own a large commercial building as concurrent owners. They are tenants with the right to survivorship. Lizzi transfers her one-quarter interest in the building to a private charity organization owned by Stella. Which form of concurrent ownership would allow Karen, Kelsey, and Rita to become the owners of the property following Lizzi's death without the inclusion of the private charity organization run by Stella?

A) a tenancy by entirety
B) a community property
C) a joint tenancy
D) a tenancy in common