Examlex
Mandy and Candy are fraternal twins who were reared together. Bernie and Ernie are identical twins who were reared together. Which statement is MOST likely to be true?
Property Ownership
The legal right to possess, use, and dispose of real estate or personal property.
Co-ownership Interests
Legal rights and interests held by individuals or entities that own property together, entitling them to use, profit from, or dispose of the property jointly.
Tenancy in Common
A form of co-ownership where each owner possesses a fractional share of the entire property, but there is no right of survivorship.
Joint Tenancy
A form of co-ownership where two or more persons hold an equal share in a property, with the right of survivorship upon the death of one owner.
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