In which form of co-ownership is a deceased person's ownership inheritable?

Prepare for the Delaware Real Estate Test with flashcards and multiple choice questions. Each question provides hints and explanations. Get ready for your exam!

In tenancy in common, each owner, known as a tenant in common, holds an individual interest in the property, which is not dependent on the other co-owners. One of the key features of this form of co-ownership is that when a tenant in common passes away, their ownership interest does not automatically transfer to the surviving co-owners. Instead, it is inheritable and can be passed on to their heirs or designated beneficiaries according to their will or state inheritance laws. This allows for a seamless transfer of ownership rights outside of the co-ownership framework, ensuring that the deceased person's stake can be inherited.

In contrast, joint tenancy includes the right of survivorship, meaning that when one tenant dies, their interest automatically goes to the surviving tenants, and it does not pass through probate. Tenancy by the entirety is a unique form of ownership available only to married couples, which also includes the right of survivorship. Tenancy in severalty refers to property owned by a single individual, so it doesn't involve co-ownership. Thus, tenancy in common stands out as the form where a deceased person's ownership is inheritable, aligning with the principles of estate planning and inheritance laws.

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