This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the difference between a joint tenancy and a tenancy in common? What will be an ideal ... (Read 27 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
on: Aug 3, 2018
What is the difference between a joint tenancy and a tenancy in common?
 
  What will be an ideal response?

Question 2

Statute of limitations set deadlines for cases to be filed.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kaylee05

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Aug 3, 2018
Answer to Question 1

A joint tenancy is co-ownership of property characterized by a right of survivorship.
A tenancy in common is a term that describes co-ownership of property carrying no right of survivorship. The key feature of joint tenancy is the right of survivorship. If one joint tenant dies, the remaining joint tenant or tenants inherit the property. With tenants in common, no right of survivorship exists; if one tenant in common dies, the property passes to the tenant's heirs.

Answer to Question 2

TRUE


casperchen82

  • Member
  • Posts: 540
Reply 2 on: Aug 3, 2018
Excellent

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Head rubbing and licking are common social behaviours within a pride Head rubbing and licking are common social behaviours within a pride
Joint of the right hip Joint of the right hip
The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy
Most Common Uropathogens Most Common Uropathogens
Common Suffixes Common Suffixes
Structure of a Synovial Joint Structure of a Synovial Joint
Video: Introduction to Insulin

For a complete list of videos, visit our video library