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Part 1. Please identify and explain the following: Joint Tenancy, Tenancy in Common and Tenancy By the Entirety. Please explain what each tenancy is and

Part 1. Please identify and explain the following: Joint Tenancy, Tenancy in Common and Tenancy By the Entirety. Please explain what each tenancy is and the benefits and drawbacks to each one. Specifically describe what types of situations you might find each tenancy should be used for.

Part 2. Please explain the differences between Freehold and Non-Freehold Estates. Also, please explain what Fee Simple, Fee Tail and Life Estates are and the benefits and drawbacks of each.

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