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Author Question: List consequences of the different ways in which two or more persons may own ... (Read 72 times)

urbanoutfitters

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on: Jun 24, 2018
List consequences of the different ways in which two or more persons may own property.

Question 2

The Age Discrimination in Employment Act (ADEA) is enforced and administered by:
 A) Equal Employment Opportunity Commission.
 B) National Rural Employment Commission.
 C) National Industrial Relation Association.
 D) Young Men of America Association.


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al

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Reply #1 on: Jun 24, 2018
Answer to Question 1

In a tenancy in common, each tenant may sell or devise his interest to another without the consent of the other tenant(s). Creditors may attach or foreclose on one tenant's interest.
A joint tenancy may be destroyed by one tenant's transferring his interest to a third party. However, a joint tenant's interest in property disappears at the joint tenant's death.

In a tenancy by the entirety, a creditor of only one tenant may not foreclose on the property without the consent of the other tenant(s).

Community property is equally and separately owned by the two spouses, regardless of how property is titled.

Answer to Question 2

A


urbanoutfitters

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

Dinolord

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Reply 3 on: Yesterday
Wow, this really help

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