Practice Quiz

Florida Real Estate Exam

Category - Florida

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If five people own property as joint tenants:

  1. They need not own equal interest in the property
  2. There is still only one title to the whole property
  3. And one of the owners dies, his heirs become tenants in common with the surviving co-owners
  4. Each co-owner has a separate legal title to his undivided interest
Explanation
Answer B - When the vesting is joint tenancy, each co-owner has a separate interest in a single title.

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