Mike, Dave, John and Kevin are joint tenants of a very large condominium which they all occupy. Kevin suddenly dies in an unfortunate accident. In his will, Kevin leaves his interest in the property to his sisters, Sarah and Jennifer. Upon learning of Sarah's and Jennifer's intention to move into the condominium, Dave sells his interest in the condo to Fred, without the knowledge or consent of anyone else. When John and Mike learn of these events they decide not to let Fred, Sarah or Jennifer onto the property, arguing that the entire tenancy now remains in their hands.

Which of the following statements is/are TRUE?

a. Fred, Sarah and Jennifer have each acquired a legal interest in the condominium.

b. For the transfer to Fred to be valid, he required the consent of John and Mike.

c. John and Mike are tenants in common with each other in the condominium.

d. Because neither Fred, Sarah nor Jennifer occupies the condominium, they have not acquired an interest in the condominium.

• (1)A only
• (2)B and C only
• (3)D only
• (4)None of the above