Aaron, Bob, and Carl own property as joint tenants with right of survivorship. During the lifetime of all of them, Aaron sells his interest in the property to Donna. Bob then dies and wills all of his property to Frank. Who are the owners of the property after Bob's death?
A) Donna, Frank, and Carl
B) Aaron, Frank, and Carl
C) Donna and Carl
D) Carl
E) None of the above

Question

Quizplus · Accepted Answer

As joint tenants with right of survivorship, when Bob died, his interest in the property automatically passed to the remaining joint tenants, Aaron and Carl. However, since Aaron had sold his interest to Donna, the remaining joint tenants were Donna and Carl. Frank has no claim to the property since he was not a joint tenant or a survivorship beneficiary.

Aaron, Bob, and Carl Own Property as Joint Tenants with Right