When Property Is Held by Two or More Owners as Tenants

question 47

Multiple Choice

When property is held by two or more owners as tenants in common, upon the death of one owner, that person's ownership interest would pass to

• A) the surviving spouse only.
• B) whoever is designated in the decedent's will.
• C) the surviving owner and/or his heirs.
• D) the remaining owner or owners.

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Definitions:

Density

A measure of mass per unit of volume; the amount of matter contained within a given volume.

Volume

The capacity of space an entity or material possesses.

Mass

A physical property indicating the amount of matter in an object, typically measured in kilograms or grams.

Density

A characteristic indicating the amount of mass contained in a given volume of a material.