ra, charlie, and donna acquire title together as joint tenants with right of survivorship. if al dies one month later, and two months later, donna sells her ownership to ed, who are the owners and what is the description of each ownshership interest after donna sells?

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laceyatkinson6606 laceyatkinson6606

19-12-2022
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ra, charlie, and donna acquire title together as joint tenants with right of survivorship. if al dies one month later, and two months later, donna sells her ownership to ed, who are the owners and what is the description of each ownshership interest after donna sells?

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Tutorconsortium418 Tutorconsortium418 · Answer 1 · 2022-12-31T17:00:13+01:00

The correct answer is that Barbara and Charlie are co-tenant owners with 1/3 stake each and Ed is co-tenant owner with 1/3 stake.

What is a Tenant?

A tenant is a person who signs a lease or lease to occupy someone else's land or property.

In a way, the lease gives the tenant more power, but it also prevents them from claiming full ownership of the property. Basic facilities such as access to electricity and clean water cannot be denied to tenants.

These services cannot be canceled without the tenant paying the rent. Landlords set rents based on current rent rates or on their own. This is because there is no maximum amount that can be claimed as rent.

If the tenant thinks the rent adjustment is unreasonable, he has the right to sue.

To know more about tenant, visit:-

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