Tennessee Real Estate Exam Practice Question
Joint tenancy is distinguished from tenancy in common by the presence of
Correct Answer: C
Rationale: Joint tenancy is characterized by the right of survivorship, meaning that when one owner dies, their share automatically passes to the surviving owner(s). This crucial feature sets it apart from tenancy in common, where shares can be inherited or sold independently.
Option A, undivided interests, applies to both joint tenancy and tenancy in common, as all owners have equal rights to the entire property. Option B, unity of possession, is also common to both forms of ownership, indicating that all tenants share the right to occupy the property. Option D, right of transfer, is permitted in both joint tenancy and tenancy in common, allowing owners to sell or transfer their interests.
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