Property Ownership and Land Use Practice Question

Question

A seller is reviewing documents before accepting an offer involving tenancy in common. Which statement best describes tenancy in common? (Item 144)

Answer choices

1. A. It is controlled only by local custom rather than by law, contract, or professional duty.
2. B. It is valid only when the buyer pays cash and no lender is involved.
3. C. It prevents any later disclosure, even when new facts become known.
4. D. Identify separate, inheritable ownership shares without survivorship rights.

Correct Answer

D. Identify separate, inheritable ownership shares without survivorship rights.

Explanation

The correct answer is D because tenancy in common requires candidates to identify separate, inheritable ownership shares without survivorship rights. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.

Question details

• Difficulty: medium
• Domain: Property Ownership and Land Use
• Objective: tenancy in common

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