Basic Real Estate Concepts Quiz - Test Your Knowledge!

Basic Real Estate Concepts Quiz - Test Your Knowledge!

Which type of shared ownership automatically gives the surviving owner full rights if one dies?

23%
Correct Incorrect Joint tenancy gives each owner equal rights, and when one passes away, their share goes to the other owner(s) without going through probate.

Which type of shared ownership automatically gives the surviving owner full rights if one dies?

  • Fee simple absolute
  • Joint tenancy
  • Tenancy in common
  • Tenancy in partnership
23%