Discuss American College HS330 Exam Topic 1 Question 72

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

ATwo brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.

BTwo 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.

CTwo brothers are equal partners in a general partnership that owns a piece of real property used in the partnership business.

DTwo 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.

Suggested Answer: A

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34 comments · newest first

Emeline 11 months ago

Totally agree with B! It's all about those undivided interests.

Alise 11 months ago

Wait, can you really just sell your share in B? Sounds too easy!

Beckie 11 months ago

A and C don't fit the definition at all.

Freeman 11 months ago

I think D is actually the right answer. Survivorship changes things.

Tasia 12 months ago

Definitely B! That's classic tenancy in common.

Jonell 12 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.

Pura 12 months ago

I feel like option D is tricky because it talks about ownership passing to the survivor, which sounds more like joint tenancy.

Corazon 1 year 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?

Magda 1 year ago

I think option B sounds right because it mentions equal undivided interests, which is what tenancy in common is about, right?

Laquita 1 year 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.

Rodrigo 1 year 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.

Juan 1 year ago

From what I studied, the correct answer should be Unsolicited NOTIFY. That's what triggers the MWI light, right?

Azalee 1 year ago

I wonder if these brothers have a 'common' understanding of property law. Ba-dum-tss!

Terrilyn 1 year ago

Wait, so these brothers are sharing more than just a last name? Talk about a sibling rivalry...

Yesenia 1 year ago

↳ replying to Terrilyn

Yes, they can sell, gift, or will their share.

Ty 1 year ago

↳ replying to Terrilyn

So they each have their own share of the property?

Stefania 1 year ago

↳ replying to Terrilyn

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.

Rory 1 year ago

↳ replying to Terrilyn

A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.

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.

Myong 1 year ago

↳ replying to Sharika

C) Two brothers are equal partners in a general partnership that owns a piece of real property used in the partnership business.

Johnson 1 year ago

↳ replying to Sharika

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.

Kina 1 year ago

↳ replying to Sharika

A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.

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.

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.

Kerrie 1 year ago

↳ replying to Kattie

C) Two brothers are equal partners in a general partnership that owns a piece of real property used in the partnership business.

Xochitl 1 year ago

↳ replying to Kattie

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.

Johanna 1 year ago

↳ replying to Kattie

A) Two brothers own equal amounts of all the common stock in a corporation, the only asset of which is real property.

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.

Elbert 1 year ago

↳ replying to Dallas

Actually, it's B. Tenancy in common means they each have undivided interests that can be sold, gifted, or willed.

Kristel 1 year ago

↳ replying to Dallas

I think it's A. They own equal amounts of all the common stock in a corporation, which is real property.

Gwen 1 year ago

↳ replying to Dallas

I agree, B is the correct answer. Each brother can divest himself of his interest.

Felix 2 years ago

I'm not sure, but I think it might be D because it mentions the survivor owning the entire property.

Chauncey 2 years ago

I agree, because in a tenancy in common each owner has the right to transfer their interest.

Lorita 2 years ago

I think the answer is B.

American College HS330 Exam - Topic 1 Question 72 Discussion