Illinois Real Estate Exam

Category - Illinois

The only unity required for the existence of a tenancy in common is:

  1. Possession
  2. Time
  3. Title
  4. Interest
Explanation

Answer: A - Equal right of possession is necessary in a tenancy in common; equal interest in not necessary. Unity of time or taking title at the same time is also not necessary and neither is unity of title, or being shown on the same document.

Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz