If Tom and Tim are joint tenants,they each own a specific half of the property.

Name: If Tom and Tim are joint tenants,they each own a specific half of the property.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

If Tom and Tim are joint tenants, they each own an undivided interest in the entire property, not a specific half. This means that if one of them were to pass away, the surviving joint tenant would own 100% of the property, not just their original half. This is known as the right of survivorship.

If Tom and Tim Are Joint Tenants,they Each Own a Specific