California Real Estate Practice Exam

Question: 1 / 585

In real estate, the word "tenancy" means:

a device

In real estate, the term "tenancy" refers to a mode or method of holding ownership of real property. It defines the relationship between the owner and the occupant or tenant. This term is commonly used to describe different types of property ownership, such as tenancy in common, joint tenancy, or tenancy by the entirety. The other options are incorrect because they do not accurately define the term "tenancy" in the context of real estate.

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a mode or method of holding ownership

a tenacious person

two or more persons joined in an enterprise

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