Prepare for the ATT Law Exam. Practice with multiple choice questions, each providing hints and explanations. Be well-prepared for exam day!

Multiple Choice

Estates in land may be co-owned as:

Co-ownership of land arises when two or more people hold the same land with shared rights. The two recognised forms are joint tenancy and tenancy in common. In a joint tenancy, all owners share the whole, with the right of survivorship—if one dies, their interest passes to the other joint tenants. In a tenancy in common, each owner holds a distinct, transferable share that can be unequal, and there is no right of survivorship. Both arrangements amount to co-ownership. Other options don’t create co-ownership. Sole ownership is held by one person. A lease gives a leasehold interest, not ownership, and a license merely grants permission to use land without creating an estate. Tenancies by estoppel relate to occupancy or representation rather than actual ownership rights in the land.

Co-ownership of land arises when two or more people hold the same land with shared rights. The two recognised forms are joint tenancy and tenancy in common. In a joint tenancy, all owners share the whole, with the right of survivorship—if one dies, their interest passes to the other joint tenants. In a tenancy in common, each owner holds a distinct, transferable share that can be unequal, and there is no right of survivorship. Both arrangements amount to co-ownership.

Other options don’t create co-ownership. Sole ownership is held by one person. A lease gives a leasehold interest, not ownership, and a license merely grants permission to use land without creating an estate. Tenancies by estoppel relate to occupancy or representation rather than actual ownership rights in the land.