Laurie and Chance are considering purchasing a piece of land on which they plan to build a vacation home. Laurie and Chance are engaged to be married, and are unsure of how they should title the property. Which of the following statements is correct regarding their ownership and titling of the land?

Select one:

a. Laure and Chance cannot own the property as joint tenants because joint tenancies may only be established between married parties.

b. If Laurie and Chance were married and owned the property as a joint tenancy between spouses, one half of the value of the property will be included in the probate estate of the first spouse to die without regard to the actual contribution of each spouse.

c. If the property is held as a joint tenancy then Laurie and Chance will each own the same fractional share in the property regardless of how much they contribute.

d. If the property is held as a joint tenancy and Chance dies first, the property will pass to Laurie unless Chance's will directs a different disposition.