Question $9(1$ point$)$

Priyal and Lam Thao are adult siblings who purchased a ski chalet in Collingwood as

joint tenants. When one of them dies:

a$)$ The surviving owner must purchase the deceased's portion of the chalet from

their estate.

b$)$ The deceased's 'share' of the chalet will have to be disposed of by the estate

trustee.

c$)$ The deceased will be deemed to have disposed of their 'share' of the chalet

and will have to include $50\%$ of the chalet's capital gain in their final return.

d$)$ Fifty percent of the FMV of the chalet will be included in the deceased's

estate.