Final answer:
In the event of a divorce, a tenancy by entireties is typically dissolved, and the property becomes a tenancy in common.
Step-by-step explanation:
Tenancy by Entireties and Divorce
In the event of a divorce, a tenancy by entireties is typically dissolved. A tenancy by entireties is a form of joint ownership for married couples, where both spouses have equal and indivisible interest in the property. However, divorce severs the unity of the marital relationship, resulting in the termination of the tenancy by entireties.
After a divorce, the property typically becomes a tenancy in common, where each former spouse owns a separate and divisible interest in the property. This means that each party can sell, mortgage, or transfer their interest in the property without the consent of the other party.
It's important to note that the specific laws and regulations regarding tenancies by entireties and divorce may vary depending on the jurisdiction. It is advisable to consult with an attorney or legal expert to understand the laws in your specific jurisdiction.