Oscar conveys Garbageacre to Bert and Ernie, as joint tenants. In his Will, Ernie conveys his share of Garbageacre to Big Bird. Big Bird now owns a one-half interest in Garbageacre. True False

Oscar conveys a one-half interest in Garbageacre to Ernie. Two weeks later, he conveys the other one-half interest to Bert and adds the language “I intend that you should be a joint tenant with Ernie and that you should each have a right of survivorship over the other’s property.” Is this language effective? Yes No

Oscar conveys Garbageacre, “60% to Bert and 40% to Ernie, as joint tenants with rights of survivorship.” What is the status of Garbageacre? Bert owns 60% and Ernie owns 40% as joint tenants, because Oscar clearly intended for the parties to have rights of survivorship Bert owns 60% and Ernie owns 40% as tenants-in-common, because there cannot be a joint tenancy with the co-tenants owning unequal interests Bert owns 60% and Ernie owns 40% as tenants-in-common, because only spouses can be joint tenants Bert and Ernie each own a one-half interest in Garbageacre, since Oscar obviously intended for the parties to be joint tenants.

Superman and Wonderwoman are joint tenants in the Hall of Justice. Superman conveys his interest in the Hall of Justice to Aquaman without Wonderwoman’s permission. What is the status of the Hall of Justice? Wonderwoman and Aquaman own it as joint tenants Wonderwoman and Superman still own it as joint tenants Wonderwoman and Aquaman own it as tenants by the entirety Wonderwoman and Aquaman own it as tenants-in-common

Joker, Riddler, Penguin and Mr. Freeze own the Bat Cave as joint tenants. Mr. Freeze dies. THEN, Penguin transfers his interest in the Batcave to Archer. What is the status of Archer’s ownership of the Bat Cave? He owns a one-third interest, as a tenant-in-common He owns a one-quarter interest, as a tenant-in-common He owns a one-third interest, as a joint tenant He owns a one-quarter interest, as a joint tenant

Joker, Riddler, Penguin and Mr. Freeze own the Bat Cave as joint tenants. Mr. Freeze dies. THEN, Penguin transfers his interest in the Batcave to Archer. What is the status of Joker’s ownership of the Bat Cave? He owns a one-third interest, as a tenant-in-common with Riddler and Archer He owns a one-quarter interest, as a tenant-in-common with Riddler and Archer He owns a one-third interest, as a joint tenant with Riddler on 2/3 of the property and as a tenant-in-common with Archer as to the remaining third He owns a one-third interest, as a joint tenant with Riddler and Archer

© 2003 - 2024 National Paralegal College