Chapter Eight: Real Property Rights Flashcards
1
Q
Real property
A
Land, improvements and legal rights to own
2
Q
Tenancy in common (estate in common).
A
ownership can be created by the same or different deeds, times, with equal or unequal shares
3
Q
Tenancy by the Entireties
A
In divorce, converts to Tenancy in common unless otherwise dictated by court
4
Q
Tenancy for years
A
Specified period of time