Which of the following forms can concurrent ownership take?

Concurrent ownership refers to a situation where two or more individuals hold title to the same property simultaneously. The correct answer identifies joint tenancy and tenancy in common as the primary forms that concurrent ownership can take.

Joint tenancy is characterized by the equal ownership of the property among the co-owners, along with the right of survivorship. This means that if one owner passes away, their share automatically passes to the remaining co-owners rather than to the deceased owner's heirs.

On the other hand, tenancy in common allows for co-owners to have ownership shares of varying sizes, and there is no right of survivorship. Therefore, if a tenant in common dies, their share can be passed on to their heirs, making this form of ownership flexible in terms of transfer of interests.

The other options do not correctly pertain to forms of concurrent ownership. A sole proprietorship involves only one individual holding title to a property, which is not a concurrent ownership situation. Leases and easements are types of property rights related to the use of land but do not reflect the concurrent ownership concept. Imaginary property rights do not align with recognized legal terms or actual ownership interests.