Asked by
Mayank Pradhan
on Dec 20, 2024Verified
Although the court in James v. Taylor recognized that the presumption has been changed by statute in many states, the court stated that at common law, if the wording in a deed was ambiguous, the law favored a:
A) tenancy by the entireties.
B) tenancy in partnership.
C) tenancy in common.
D) joint tenancy.
Tenancy in Common
A form of joint ownership or tenancy where each owner holds an individual, undivided interest in the property, and such interests can be of different sizes.
Joint Tenancy
A form of co-ownership of property where two or more individuals hold equal shares, and upon the death of one tenant, their share automatically passes to the surviving tenant(s).
Common Law
A system of law developed from court-made precedents rather than statutes passed by legislatures.
- Acquire knowledge of legal tactics for the resolution and oversight of disagreements within the realm of property law, focusing on partition actions and survivorship rights.
Verified Answer
AA
Learning Objectives
- Acquire knowledge of legal tactics for the resolution and oversight of disagreements within the realm of property law, focusing on partition actions and survivorship rights.