With regard to interests in land,which one of the following statements is true?
A)An easement in land is characterized by giving the owner of the estate exclusive possession of that property for some time.
B)If Carol and Mary buy land and later use it to secure debt,possession of the property will be transferred to the creditor until the debt is repaid.
C)If a joint tenant severs the joint tenancy,he can then will his interest in the land to whomever he chooses,and on his death the person named will take his interest.
D)Tenancy in common is often used by families to get around inheritance taxes and probate fees.
E)A joint tenant can sever the joint tenancy by bequeathing his interest in the property in a will,naming a third person as beneficiary.

Question

Quizplus · Accepted Answer

Joint tenancy includes a right of survivorship, meaning when one joint tenant dies, their interest automatically passes to the surviving joint tenants. However, if a joint tenant severs the joint tenancy (e.g., by selling or gifting their share), it converts into a tenancy in common for that person's interest, allowing them to will their interest to someone else.

With Regard to Interests in Land,which One of the Following