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Which of the following statements concerning ownership of property under a tenancy by the entirety is correct?
Suggested Answer: B
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30 comments · newest first
NI
Nilsa
10 months ago
A is definitely wrong, you can't just transfer your interest like that.
ZA
Zack
10 months ago
I disagree, I thought it applied to more than just married couples.
BO
Bobbye
10 months ago
Wait, so the property goes to probate if one tenant dies? That's surprising!
KI
King
10 months ago
C seems off, I thought it would pass directly to the surviving spouse.
VI
Vi
11 months ago
B is correct, only married couples can have this type of ownership.
JU
Julio
11 months ago
I remember discussing that tenancy by the entirety can apply to real property, so D seems off. But I’m not completely confident about the details.
NY
Nydia
11 months ago
I feel like I saw a practice question about probate and joint tenancies, and I think C might be misleading since it doesn't go into the probate estate like that.
XU
Xuan
11 months ago
I'm not entirely sure, but I remember something about how one tenant can't just transfer their interest without the other's consent. So maybe A is wrong?
SH
Shonda
11 months ago
I think option B is correct because tenancy by the entirety is specifically for married couples, right?
RO
Rodrigo
12 months ago
Hmm, I'm a little unsure about tenancy by the entirety. I know it has to do with joint property ownership, but the details are escaping me at the moment. I'll try to reason through the options and see if I can eliminate a few choices, then make an educated guess.
VA
Val
12 months ago
I've got this one! Tenancy by the entirety means the property belongs to the married couple as a single legal entity. Neither spouse can sell or transfer their share without the other's consent. The property also doesn't go through probate when one spouse dies - it automatically passes to the surviving spouse. I'm confident I can nail this question.
SU
Suzan
12 months ago
Okay, let me think this through. Tenancy by the entirety is a special form of joint ownership, right? I believe it's only available to married couples, and the key thing is that neither spouse can unilaterally transfer their interest to a third party. I'll focus on that distinction in my answer.
FA
Fanny
1 year ago
I'm pretty sure this has to do with the rights and restrictions of joint property ownership, but I'm a bit fuzzy on the details of tenancy by the entirety. I'll need to review my notes on that concept.
BR
Brynn
1 year ago
B has got to be the correct answer. Tenancy by the entirety is a special type of ownership for married couples.
MA
Marge
1 year ago
B) It is a form of property ownership available only to married persons.
YA
Yasuko
1 year ago
A) One tenant can freely transfer his or her properly interest to a third person.
CH
Charlena
1 year ago
I think D) It is a form of property ownership that applies only to personal property, because I remember learning that tenancy by the entirety can apply to both real and personal property.
AR
Aretha
1 year ago
I'm not sure, but I think the answer might be C) The property will be in the probate estate of the first joint tenant to die.
VA
Valene
1 year ago
I agree with Edward, because I remember studying that tenancy by the entirety is a special form of property ownership for married couples.
JA
Jaclyn
1 year ago
Haha, D is just silly. Tenancy by the entirety is definitely for real estate, not personal property!
JO
Johnathon
1 year ago
C) The properly will be in the probate estate of the first joint tenant to die.
RE
Rebbecca
1 year ago
B) It is a form of property ownership available only to married persons.
AM
Amira
1 year ago
B) It is a form of property ownership available only to married persons.
AL
Alise
1 year ago
A) One tenant can freely transfer his or her properly interest to a third person.
LA
Lavonda
1 year ago
A) One tenant can freely transfer his or her properly interest to a third person.
ED
Edward
1 year ago
I think the correct answer is B) It is a form of property ownership available only to married persons.
SH
Sherita
1 year ago
C sounds right to me. The property goes to the surviving spouse, not into probate.
TO
Tony
1 year ago
I'm pretty sure it's B. Tenancy by the entirety is only for married couples, right?
AD
Adaline
1 year ago
B) It is a form of property ownership available only to married persons.
TR
Trinidad
1 year ago
A) One tenant can freely transfer his or her properly interest to a third person.