Question
Jocelyn and her son Bob are tenants in common of a valuable investment property. They wonder if it's possible to convert their ownership into a
Jocelyn and her son Bob are tenants in common of a valuable investment property. They wonder if it's possible to convert their ownership into a joint tenancy. Is it?
A. Yes, if both Jocelyn and Bob convey the property to themselves, directly or through a straw man, in a manner that creates the four unities required for joint tenancy.
B. Yes, if Jocelyn and Bob file a Notice of Joint Tenancy at the recording office
C. No, because the law no longer recognizes quitclaim deeds
D. No. because the use of a straw man in such transactions has been outlawed.
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