Respuesta :

One of two form of joint ownership is one form of holding property. There are two forms of joint ownership, which are the joint tenants and tenants by entirely. The joint tenants form is one form of holding property which commonly used by married couples for minimizing their estate taxes, where they share the property ownership.

The joint ownership is one form of holding property, the correct choice would be “is”.

What is joint ownership?

Joint ownership is a legal word that refers to an arrangement in which two or more co-owners of real property declare their ownership interests and rights.

Any property held in the names of two or more parties, such as husband and wife, business partners, friends, or family members, is known as joint owned property.

The possibility for financial troubles with partial ownership of a property, such as one party desiring to sell their half, is one of the risks of joint owned property.

Thus, the joint ownership is one form of holding property, the correct choice would be “is”.

Learn more about the joint ownership here:

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