asked 62.5k views
2 votes
Is Tenancy by the entirety available for unmarried people?

A) Yes
B) No
C) It depends on the jurisdiction

asked
User Mariette
by
8.7k points

1 Answer

4 votes

Final answer:

Tenancy by the entirety is exclusively for married couples, providing equal property interest and right of survivorship. It is thus not available to unmarried individuals, making the correct answer 'No'.

Step-by-step explanation:

Tenancy by the entirety is a type of concurrent estate in real property that can only be used by spouses. It provides both spouses with an equal, undivided interest in the property along with the right of survivorship, meaning that if one spouse dies, the other will automatically inherit the entirety of the property without it passing through probate. Due to its nature, tenancy in its entirety is not available to unmarried couples; it is reserved exclusively for married partners.

The correct answer to whether tenancy by the entirety is available for unmarried people is B) No.

answered
User Dikirill
by
8.4k points

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