Which of the following is true of a joint tenancy?
A)It is created by a corporation or a group of persons.
B)It requires that the tenants be married to each other.
C)Selling of property by a joint tenant leads to creation of a tenancy in common.
D)A joint tenant can sell but not gift his part of the property.

Question

Quizplus · Accepted Answer

When a joint tenant sells her interest to a third person,the purchaser becomes a tenant in common with the remaining joint tenant(s).

Which of the Following Is True of a Joint Tenancy