Title: Distinguish among the forms of property ownership.
Course: Real Estate (12154) > Section: Examining Types of Mortgages and Deeds of Trust

Distinction should include the following:

- Type of estates
- Forms of co-ownership
  - Tenancy in common
  - Joint tenancy
  - Tenancy of the entirety
  - Community property

- Leaseholds
- Common interest ownership properties
  - Condo
  - Cooperative
  - Time shares

- Bundle of rights

DPOR correlations: 18VAC135-20-400. 5 (Deeds); 18VAC135-20-400. 6 (Mortgages and deeds of trust); 18VAC135-20-400. 7 (Types of mortgages); 18VAC135-20-400. 10 (Home ownership)

Process/Skill Questions:

- What is freehold ownership? Give examples.
- What is the difference between freehold and leasehold estates?
- What is Section 8 housing?