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Identify the type of ownership. Consider the following and identify the type of ownership: Bill, Robert, and Hank are best friends, and they cousins, and

Identify the type of ownership.

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Consider the following and identify the type of ownership: Bill, Robert, and Hank are best friends, and they cousins, and nieces and nephews. They decide buy a cabin in the mountains. They want to to purchase a beach house where they plan to make sure that when they die each will inherit hold family reunions each year, and they want to the others interest. be sure that when one of them dies, that sister's Martha and Ralph are married and have lived in interest will be inhened by her heirs. an apartment for nine years. After paying down Wilbur is fond of his elderly uncle, Bill, and he some debt and saving for a down payment, they transfers one of his residences to Bill He wants purchase a house in center city, not far from Bill to be able to live on the property undis their old apartment. turbee for as long as Bill lives. After bill dies, the Mary, Madeline, and Betty are sisters. They are property is to go to Bill's son Peter not married but each has two children, many

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