Question
1.A parcel of land is owned by Barney, Ted and Robin in equal shares. Marshall is the owner of a property adjoining the said parcel
1.A parcel of land is owned by Barney, Ted and Robin in equal shares. Marshall is the owner of a property adjoining the said parcel of land. Lily is an innocent third party interested in the parcel of land co-owned by Barney, Ted and Robin.
Barney intends to sell his share in the co-owned parcel of land. Which of the following scenarios would be correct?
a.If Barney sells to Marshall, both Ted and Robin cannot exercise their rights of redemption because the sale is to an adjoining owner.
b.If Barney sells to Ted, Robin can exercise her right of redemption.
c.If Barney sells to both Ted and Robin in equal share, Marshall can exercise his right of redemption due to being an adjoining owner.
d.If Barney sells to Lily, Marshall can exercise his right of redemption only if Ted and Robin do not exercise their rights of redemption.
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