Question
A good friend and trusted advisor, Bill, suggested that Linda could make this provision for Tina, if both signed and recorded a new deed to
A good friend and trusted advisor, "Bill," suggested that "Linda" could make this provision for "Tina", if both signed and recorded a new deed to the property (The current deed had Linda's name alone) with a specific type of co-ownership that provided this right.
However, Bill cautioned, Tina also would not be allowed to transfer any ownership interest Tina had in the property by will or by intestate succession to anyone other than to Linda; if Tina were to die first, then Linda would own all of Linda's residence automatically.
Based on the choices (a, b, c, d) which type of co-ownership of real property would best assert Linda's wishes and intent:
a. Life estate
b. Separate property
c. Tenancy in common
d. Joint Tenancy
[?]
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