Ownership Flashcards

(7 cards)

1
Q

What happens when a joint tenant’s interest is transferred during life?

A

Joint tenancy is severed and converted into a tenancy in common

*if two or more joint tenants remain, the others will retain a joint tenancy with respect to each other.

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2
Q

Can joint tenancy be devised by will or inherited?

A

No, only when tenancy in common

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3
Q

is “for the purpose” sufficient to make a defeasible fee?

A

No.

FSD: so long as, during, until
FSSCS: but if, provided that, unless

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4
Q

If 1 out of 3 Joint Tenants gives interest to another joint tenant, what does that joint tenant get?

A

the other joint tenant gets 1/3 interest as a tenant in common. Still has 1/2 Joint Tenancy with the third Joint Tenant

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5
Q

If testator’s will states “all my interests” to A, but testator already gave “all my interests” to B during life, what rules?

A

What happened during life

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6
Q

Can heirs end up with nothing

A

Yes if interests/estates were given away at life or in will

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7
Q

If covenant between landlord and tenant runs with land, can new owner enforce?

A

Yes if the assignee-landlord is in privity of estate with the tenant

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