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Co-Ownership in Real Property
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Co-Ownership in Real Property

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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?

  • 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 ____.

  • Sole
  • Common (correct)
  • Personal
  • Registered
  • 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?

    <p>To ensure recognition of the co-ownership</p> Signup and view all the answers

    Which type of co-ownership allows each owner to own everything together and nothing separately?

    <p>Joint Tenancy</p> Signup and view all the answers

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