This topic contains a solution. Click here to go to the answer

Author Question: What is the difference between a joint tenancy and a tenancy in common? What will be an ideal ... (Read 78 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
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
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
Gracias!


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library