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American College HS330 Exam - Topic 1 Question 72 Discussion

Which of the following types of real properly ownership will be deemed to be a tenancy in common?
A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.
B) Two brothers own equal undivided interests in a piece of real properly, with each brother being able to divest himself of his interest by sale, gift, or will.
C) Two brothers are equal partners in a general partnership that owns a piece of real property used in the partnership business.
D) Two brothers own equal fractional interests in a piece of real property and at the death of one of the brothers the survivor will own the entire piece of property.

American College HS330 Exam - Topic 1 Question 72 Discussion

Actual exam question for American College's HS330 exam
Question #: 72
Topic #: 1
[All HS330 Questions]

Which of the following types of real properly ownership will be deemed to be a tenancy in common?

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Suggested Answer: A

by Eladia at Jul 28, 2023, 08:25 AM

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Emeline
8 months ago
Totally agree with B! It's all about those undivided interests.
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Alise
8 months ago
Wait, can you really just sell your share in B? Sounds too easy!
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Beckie
8 months ago
A and C don't fit the definition at all.
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Freeman
8 months ago
I think D is actually the right answer. Survivorship changes things.
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Tasia
9 months ago
Definitely B! That's classic tenancy in common.
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Jonell
9 months ago
I practiced a similar question where ownership types were compared, and I think B is definitely the best choice here. It just fits the definition better than the others.
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Pura
9 months ago
I feel like option D is tricky because it talks about ownership passing to the survivor, which sounds more like joint tenancy.
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Corazon
9 months ago
I'm not so sure about that. I remember something about partnerships and how they might not qualify as tenancy in common, so maybe option C is also a contender?
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Magda
9 months ago
I think option B sounds right because it mentions equal undivided interests, which is what tenancy in common is about, right?
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Laquita
9 months ago
Okay, I've got a few ideas on how to tackle this. I'll focus on highlighting specific ways the organization I work for has used continuous improvement in their asset management. Hopefully that will demonstrate my understanding of the concepts.
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Rodrigo
10 months ago
Hmm, this seems like a tricky one. I'll need to double-check the server connection settings to make sure everything is configured properly.
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Juan
10 months ago
From what I studied, the correct answer should be Unsolicited NOTIFY. That's what triggers the MWI light, right?
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Azalee
1 year ago
I wonder if these brothers have a 'common' understanding of property law. Ba-dum-tss!
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Terrilyn
1 year ago
Wait, so these brothers are sharing more than just a last name? Talk about a sibling rivalry...
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Yesenia
1 year ago
Yes, they can sell, gift, or will their share.
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Ty
1 year ago
So they each have their own share of the property?
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Stefania
1 year ago
B) Two brothers own equal undivided interests in a piece of real property, with each brother being able to divest himself of his interest by sale, gift, or will.
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Rory
1 year ago
A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.
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Sharika
1 year ago
I'm going to have to disagree with the previous candidates. I think C is the correct answer. A general partnership that owns real property would be considered a tenancy in common.
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Myong
1 year ago
C) Two brothers are equal partners in a general partnership that owns a piece of real property used in the partnership business.
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Johnson
1 year ago
B) Two brothers own equal undivided interests in a piece of real property, with each brother being able to divest himself of his interest by sale, gift, or will.
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Kina
1 year ago
A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.
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Annamae
1 year ago
Hmm, this is a tricky one. I'm going to go with B since it specifically mentions 'undivided interests' which is a key characteristic of a tenancy in common.
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Kattie
1 year ago
D looks like the right answer to me. The fact that the survivor will own the entire property upon the death of one brother suggests a joint tenancy, not a tenancy in common.
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Kerrie
1 year ago
C) Two brothers are equal partners in a general partnership that owns a piece of real property used in the partnership business.
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Xochitl
1 year ago
B) Two brothers own equal undivided interests in a piece of real property, with each brother being able to divest himself of his interest by sale, gift, or will.
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Johanna
1 year ago
A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.
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Dallas
1 year ago
I think B is the correct answer. Tenancy in common implies that each owner has an undivided interest in the property that they can independently convey or devise.
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Elbert
1 year ago
Actually, it's B. Tenancy in common means they each have undivided interests that can be sold, gifted, or willed.
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Kristel
1 year ago
I think it's A. They own equal amounts of all the common stock in a corporation, which is real property.
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Gwen
1 year ago
I agree, B is the correct answer. Each brother can divest himself of his interest.
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Felix
1 year ago
I'm not sure, but I think it might be D because it mentions the survivor owning the entire property.
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Chauncey
1 year ago
I agree, because in a tenancy in common each owner has the right to transfer their interest.
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Lorita
1 year ago
I think the answer is B.
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