X,Y, and Z are co-owners of a real property which was mortgaged to A. X redeemed it during the period of redemption with his personal funds. Did X become the sole owner of the property, thereby terminating the co-ownership?
A)Yes, because his redemption vest in him sole ownership.
B)Yes, because the funds belong to him alone.
C)No, because the redemption inured to the benefit of all co-owners.
D)No, because Y and Z did not consent to the redemption.

Question

Quizplus · Accepted Answer

The redemption by one co-owner of property benefits all co-owners, preserving the co-ownership and not granting sole ownership to the redeemer.

X,Y, and Z Are Co-Owners of a Real Property Which