Question

Ownership of real property restricted to a husband and wife holding title with right of survivorship is:

a) estate by joint tenancy.
b) tenancy by the entirety.
c) estate by common tenancy.
d) estate by dower.

Answer 1

The ownership of real property for a husband and wife with right of survivorship is defined as tenancy by the entirety, a form of joint ownership unique to married couples.

Step-by-step explanation:

The ownership of real property restricted to a husband and wife holding title with right of survivorship is known as b) tenancy by the entirety. This form of joint ownership is unique to married couples and includes a right of survivorship, meaning that upon the death of one spouse, the surviving spouse automatically becomes the sole owner of the property. Tenancy by the entirety also generally provides protection against creditors of one spouse, as the property cannot be seized to satisfy the debts of one spouse alone.