Delaware Real Estate Practice Exam

In a tenancy by the entirety, when one spouse dies, the surviving spouse automatically inherits the entire property. This form of ownership is specifically designed for married couples and includes a right of survivorship. It means that the property is owned jointly, and upon the death of one spouse, the surviving spouse retains full ownership without the need for probate or division of the property among heirs.

In contrast, the other options do not accurately reflect the legal implications of tenancy by the entirety. For instance, ownership being divided among heirs would be applicable in different types of ownership arrangements, such as tenancy in common. Similarly, a joint tenant acquiring ownership is not relevant in tenancy by the entirety, as the joint tenant concept applies differently. Lastly, tenancy by the entirety does not automatically convert to tenancy in common upon the death of a spouse; it remains with the surviving spouse as sole owner.