Which of the following is the most likely type of ownership held by Kayla and Bridget?

A) Joint tenancy
B) Tenancy in common
C) Tenancy by form
D) Tenancy by the entirety
E) Family tenancy

Tenancy in Common

A form of joint ownership of property where each owner holds an undivided interest in the property, and there is no right of survivorship.

Joint Tenancy

A form of property co-ownership that provides equal shares and rights to the property, with the right of survivorship upon a tenant's death.

Ownership

The legal right to possess, use, control, and dispose of an asset or property.