Question

The joint ownership that is recognized in some states but not Colorado, of property acquired by husband and wife during marriage, is known as:___________.

Answer 1

tenancy by the entirety

Step-by-step explanation:

Based on the information provided within the question it can be said that this is known as tenancy by the entirety. This is a form of property ownership that only exists between a husband and wife. In this form of ownership both spouses have ownership of the property and each has a right of survivorship. Neither of the parties can sell or terminate the ownership without the consent of the other party.