About 10 years into their marriage,Eric and Bev had saved enough money to buy an investment property.First they bought a duplex,which they held as joint tenants,and later they bought a building lot in Surrey,which they held as tenants in common.Eric's will provided that his interest in the duplex would go to their daughter,Lisa,and that his interest in the Surrey lot would go to their son,Max.Indicate the statement that accurately describes who will take what upon Eric's death.
A)Lisa will get his interest in the duplex and Max will get the interest in the Surrey lot,just as the will states.
B)Bev will get Eric's interest in the duplex but Max will take Eric's interest in the Surrey lot.
C)Bev will get Eric's interest in the Surrey lot but Lisa will get his interest in the duplex.
D)Bev will get both properties because she and Eric co-owned both.
E)As the oldest son,Max will get Eric's interest in both properties.

Question

Quizplus · Accepted Answer

Joint tenancy includes the right of survivorship, meaning upon Eric's death, his interest in the duplex automatically passes to Bev, the other joint tenant. However, tenants in common do not have the right of survivorship, so Eric's interest in the Surrey lot can pass according to his will, to Max.

About 10 Years into Their Marriage,Eric and Bev Had Saved