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How Home Ownership is Held

Chapter 11
Horizontales
When a property is owned by one person or single entity, it is called Tenancy in __.
Limited Liability Company
__ consist of two or more persons who agree to work together and share profits of the company.
A form of ownership available only to spouses is __ property.
Verticales
When a business is owned by one person, and not formed legally as a corporation or partnership, it is called a/an __ proprietorship.
A/An __ is a legal entity owned by stockholders.
A/An __ is a legal arrangement where a person (known as the settlor or grantor) transfers property or assets to another person or entity (the trustee) to manage and hold for the benefit of one or more individuals or organizations (the beneficiaries).
In a/an __ partnership, all partners bear the responsibility of debt obligations.
Two or more people collectively own a property as if they were one person or entity is __ tenancy.
Tenancy in __ is the most common form of ownership where the owners are not married.