Which characteristic is NOT associated with a tenancy in common?

Prepare for the Georgia Real Estate Pre-Licensing Test with comprehensive flashcards and multiple choice questions, complete with hints and explanations. Set yourself up for success!

A tenancy in common is a form of ownership where two or more individuals hold title to a property together, with each party having an undivided interest in the whole property. One distinguishing feature of a tenancy in common is that each co-owner (tenant in common) has rights of inheritance. This means that if one tenant passes away, their share does not automatically go to the other co-owners but instead is passed down to their heirs or as specified in their will.

Additionally, tenants in common have individual interests in the property. For example, to prevent confusion, each tenant can sell or transfer their share independently of the others without needing consent from co-owners. This personal interest in the property further emphasizes the autonomy each owner enjoys.

Alternative ownership structures, such as joint tenancy, incorporate rights of survivorship, meaning that if one co-owner dies, their share is automatically transferred to the surviving owner, bypassing the heirs. This characteristic is not present in a tenancy in common, which is why rights of survivorship is not associated with this type of ownership. Similarly, joint ownership in a tenancy in common does not imply that all owners have equal shares or that they must share decision-making equally; they simply co-own the property without this automatic transfer to

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