Sean Decides to Purchase Some Property in 50/50 Ownership with One

question 59

Multiple Choice

Sean decides to purchase some property in 50/50 ownership with one of the guys at work.They plan to build a vacation home on it.Sean wants to make sure that if he dies his wife and kids will get his share of the property.Sean and his friend should own the property as:

• A) joint tenants
• B) tenants in common
• C) tenants by the entirety
• D) tenants by the survivorship
• E) tenants for life and death