When owners hold title as tenants in common, each person:
A: Owns an unequal share in the property;
B: Does not own a specific part of the property;
C: Must have acquired his interest at the same time as the other two;
D: Must be mentioned in the single title instrument (will or deed).
Answer: B: Does not own a specific part of the property;
Business
You might also like to view...
Which of the following statements describing tourism is incorrect?
A. Services and tourism go hand in hand. B. Tourism rebounds quickly from environmental impacts. C. Tourism is not sensitive to economic ups and downs. D. Tourism fits into 16 types of travel-related and hospitality services.
Business
A retailer with the least degree of diversification in its product line or service category is a _____ store
a. full-line discount b. variety c. department d. specialty
Business