Question

"Which form of real property ownership (for owners other than married couples) means there's equal ownership shares with undivided possession rights?"

Answer 1

Answer:

Joint tenancy

Explanation:

Joint tenancy -

It refers to as the legal arrangement , where each of the member has the proper and equal right for the property , is referred to as joint tenancy .

It is a legal order , which need to be followed by all of the head or owner of the property or business .

In the scenario if one of the owner dies , the right is given to the survivors , without the case being carried to the court .

Hence , from the given question ,

The correct answer is joint tenancy .