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A married couple desire to buy a home and take title so that when one of them dies, the deceased's share will go to the surviving tenant. The form of ownership that would allow for this is _.

User Dumoko
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Final answer:

The ownership form that allows a deceased's share to go to the surviving tenant is joint tenancy, which includes the 'right of survivorship' and avoids probate.

Step-by-step explanation:

The form of ownership that would allow a married couple to ensure that the deceased's share goes to the surviving tenant is joint tenancy.

This form of property ownership includes a right known as the 'right of survivorship,' which means that upon the death of one joint tenant, their interest in the property passes directly to the surviving joint tenant(s) automatically, without the need for probate.

To establish joint tenancy, the couple would need to acquire the property simultaneously and have equal ownership interest. It is a common method for spouses to take title of their home because it simplifies the transfer of property upon death and avoids court procedures.

The form of ownership that would allow for the surviving tenant to inherit the deceased's share of a home is called Joint Tenancy with Right of Survivorship. In this form of ownership, when one tenant dies, their share automatically transfers to the surviving tenant(s). This ensures that the surviving tenant(s) will have full ownership of the property.

User Rick Roy
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