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With regard to property law. Please help solve this question. QUESTION 1 (a) Pauline and her friend Tracy plan to put their money together to

With regard to property law. Please help solve this question.

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QUESTION 1 (a) Pauline and her friend Tracy plan to put their money together to buy a house as an investment. They agree that Pauline will contribute 75% of the purchase price and the remaining 25% will be contributed by Tracy. They wish to know how ownership of the house may be held between them and the advantages and disadvantages of each type of ownership. Tracy is single. Pauline is married with 2 children. She intends to ultimately give her share in the house to her children in her will. ADVISE Pauline and Tracy. (10 Marks)

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