Joint Tenancy Self-Quiz

 

 

 

 

 

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?
Choice 1 Yes
Choice 2 No
Oscar conveys Garbageacre, “60% to Bert and 40% to Ernie, as joint tenants with rights of survivorship.” What is the status of Garbageacre?
Choice 1 Bert owns 60% and Ernie owns 40% as joint tenants, because Oscar clearly intended for the parties to have rights of survivorship
Choice 2 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
Choice 3 Bert owns 60% and Ernie owns 40% as tenants-in-common, because only spouses can be joint tenants
Choice 4Bert 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?
Choice 1 Wonderwoman and Aquaman own it as joint tenants
Choice 2 Wonderwoman and Superman still own it as joint tenants
Choice 3 Wonderwoman and Aquaman own it as tenants by the entirety
Choice 4 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?
Choice 1 He owns a one-third interest, as a tenant-in-common
Choice 2 He owns a one-quarter interest, as a tenant-in-common
Choice 3 He owns a one-third interest, as a joint tenant
Choice 4 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?
Choice 1 He owns a one-third interest, as a tenant-in-common with Riddler and Archer
Choice 2 He owns a one-quarter interest, as a tenant-in-common with Riddler and Archer
Choice 3 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
Choice 4 He owns a one-third interest, as a joint tenant with Riddler and Archer

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