In real estate transactions, which of the following is a common form of ownership?

In real estate transactions, various forms of ownership can be utilized, each serving different needs and preferences of the owners. "Tenancy in common" is a common form of ownership where two or more individuals hold property together, with each person having an undivided interest in the whole property. This means that each owner can sell their share independently, and there is no right of survivorship, which allows for flexibility in estate planning.

"Leasehold interest" refers to the rights that a lessee (tenant) has to use a property for a specified period under a lease agreement. While it represents an interest in real estate, it does not constitute ownership of the property itself but rather an arrangement allowing use of the property under certain conditions.

"Joint tenancy" also represents a form of property ownership where two or more individuals hold title to a property equally, and it includes the right of survivorship. This means that if one owner passes away, their share automatically transfers to the surviving owners rather than becoming part of the deceased’s estate.

Since all three terms represent different forms of property interest and ownership in real estate, the choice highlighting "all of the above" is appropriate as it encompasses the different forms of ownership that can exist in real estate transactions. This