Specific property interest of a tenant in partnership vests in the surviving partners, not in the heirs.

Name: Specific property interest of a tenant in partnership vests in the surviving partners, not in the heirs.
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Question

Quizplus · Accepted Answer

According to the Uniform Partnership Act, the specific property interest of a tenant in partnership automatically transfers to the surviving partners upon the tenant's death, rather than to the tenant's heirs or estate. Therefore, the statement is true.

Specific Property Interest of a Tenant in Partnership Vests in the Surviving