California Real Estate Practice Exam

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Study for the California Real Estate Exam with confidence. Engage with interactive questions designed to enhance your understanding of real estate principles, laws, and practices. Prepare thoroughly for your licensing test and ensure you have the knowledge to succeed in your real estate career!

Practice this question and more.

Upon the death of a joint tenant, their interest in the property

becomes part of the estate.
goes to the surviving joint tenants.
is transferred to the state.
must be sold.

The correct answer is: goes to the surviving joint tenants.

One common type of property ownership is called joint tenancy. When a joint tenant dies, their share of the property automatically transfers to the surviving joint tenants, rather than becoming part of their estate or being transferred to the state. This is known as the right of survivorship. Option A is incorrect because the joint tenant's share does not become part of their estate. Option C is incorrect because the state does not automatically inherit joint tenancy property. And option D is incorrect because the surviving joint tenants retain their ownership and do not need to sell the property.