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Larry and Moe are business partners. They want to purchase a property together. They have come to see you to get advice as to whether
Larry and Moe are business partners. They want to purchase a property together. They have come to see you to get advice as to whether they should purchase the property as joint tenants or tenants in common.
a. Provide Larry and Moe with an explanation about the two different ways of owning the property together
b. Advise them as to which type of ownership would be best, under the circumstances.
c. What is meant by an easement? Provide examples, and explain why an easement is called a lesser interest in land.
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a Two different ways of owning the property together 1 Joint tenants Joint tenants or joint tenants with rights of survivorship are the types of ownership most ordinarily utilized by wedded couples Wh...Get Instant Access to Expert-Tailored Solutions
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