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In which of the following examples could a joint tenancy exist between all of the parties? Laura transferred her summer cottage to her 3 children.
In which of the following examples could a joint tenancy exist between all of the parties?
- Laura transferred her summer cottage to her 3 children. The eldest received a 12 undivided interest and the two younger children each received a 14 undivided interest.
- Leopold and Nan purchased property as equal owners of an undivided interest. Later, Leopold transferred his share in the property to Wolfgang who then shared the property equally with Nan.
- Robert owned a house. When he married Lina, he transferred the property to himself and Lina as equal owners of an undivided interest.
- Jen and Dawn owned a house together as equal owners entitled to an undivided interest. Dawn became increasingly jealous of Jen and secretly sold her interest to her mother who registered the transfer.
- (1)C only
- (2)B, C, and Donly
- (3)All of the above
- (4)None of the above
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