A joint tenant's sale of his or her interest terminates the joint tenancy.

Name: A joint tenant's sale of his or her interest terminates the joint tenancy.
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Question

A joint tenant's sale of his or her interest terminates the joint tenancy.​

Quizplus · Accepted Answer

This is true. When a joint tenant sells their interest in a property, it converts the ownership from joint tenancy to tenancy in common. Tenancy in common is a form of ownership where each owner has a separate and distinct ownership interest in the property, with no right of survivorship.

A Joint Tenant's Sale of His or Her Interest Terminates