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Questions and Answers
Which type of co-ownership involves each owner being seised of the whole estate or interest in land?
Which type of co-ownership involves each owner being seised of the whole estate or interest in land?
- Joint Tenancy (correct)
- Co-Ownership
- Tenancy in Common
- Sole Ownership
If there is more than one owner of a property, they will hold as joint tenants or tenants in ____.
If there is more than one owner of a property, they will hold as joint tenants or tenants in ____.
- Sole
- Common (correct)
- Personal
- Registered
What must a sole owner of a property do if they want to share ownership?
What must a sole owner of a property do if they want to share ownership?
- Pay taxes
- Register in title office (correct)
- Notify the legislative body
- Create a will
What is the purpose of registering co-ownership in the title office?
What is the purpose of registering co-ownership in the title office?
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Which type of co-ownership allows each owner to own everything together and nothing separately?
Which type of co-ownership allows each owner to own everything together and nothing separately?
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