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EXERCISE 4.1 Review Exercise

Posted on March 2, 2023 by
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  1. Question 1 of 2
    1. Question

    To review Chapter 3, “Real Property Ownership,” match the correct term to each of the descriptions below.

    Sort elements
    • Joint tenancy
    • Tenancy in common
    • Partition
    • The key distinguishing feature of this form of ownership is the right of survivorship
      • A form of ownership in which the co-owners have undivided interests, but their interests don’t have to be equal
        • This is a way in which co-ownership may be terminated
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        • Question 2 of 2
          2. Question

          To review Chapter 3, “Real Property Ownership,” match the correct term to each of the descriptions below.

          Sort elements
          • Community property
          • Tenancy by the entirety
          • Unity of possession
          • A system of property ownership in which all of the property owned by a married person is either owned separately or owned jointly with the spouse
            • A form of property ownership by married couples that’s similar to joint tenancy
              • A requirement for both joint tenancy and tenancy in common
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