A and B are co-owners of a house. A dies and B becomes the sole owner of the house because it was ____.
A
Ownership in comman
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B
Joint ownership
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C
Sole ownership
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D
Fragmented ownership
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Solution
The correct option is B Joint ownership Co ownership refers to the combined ownership of any property. Co ownership includes joint tenancy, coparcenary & HUFmembership. All the owners of a property are called as joint owners. If a property is owned by more than one owner then it is called as joint ownership. If one person in joint ownership dies then another co owner becomes the sole owner of that property. The correct answer is B.