Which of the following is not a form of co-ownership?

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Multiple Choice

Which of the following is not a form of co-ownership?

Explanation:
The key idea is ownership structure when more than one person holds title. Estate in severalty means one person or entity owns the property outright, with no co-owners involved. The other forms describe shared ownership: tenancy in common involves multiple owners who each have a distinct, undivided interest and can transfer or pass their share independently; joint tenancy also involves multiple owners who share equal rights to the whole property and includes the right of survivorship, so a deceased owner’s share passes to the remaining co-owners; and community property is co-ownership between spouses, typically with equal or defined equal interests under marital property law. Because estate in severalty is sole ownership, it is not a form of co-ownership.

The key idea is ownership structure when more than one person holds title. Estate in severalty means one person or entity owns the property outright, with no co-owners involved. The other forms describe shared ownership: tenancy in common involves multiple owners who each have a distinct, undivided interest and can transfer or pass their share independently; joint tenancy also involves multiple owners who share equal rights to the whole property and includes the right of survivorship, so a deceased owner’s share passes to the remaining co-owners; and community property is co-ownership between spouses, typically with equal or defined equal interests under marital property law. Because estate in severalty is sole ownership, it is not a form of co-ownership.

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