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frankster margonis
on Nov 21, 2024

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Valmar and Meline decide to divorce. The marital real property that they owned as tenants by the entirety now becomes ________

A) tenancy in common
B) plain joint tenancy
C) martial property
D) fee simple absolute in Valmar
E) it stays tenants by the entirety

Tenancy in Common

A type of joint ownership of property where each owner holds an undivided interest and rights to the property, but without survivorship rights.

Tenants by the Entirety

A form of joint property ownership available to married couples, where each owns the entire property and rights of survivorship are included.

  • Gain an insight into the essence and effects of joint ownership interests in real estate.
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nikki lilliesNov 22, 2024
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