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Agatha, Betty, and Clara Are Sisters Who Own 300 Acres

Question 68

Essay

Agatha, Betty, and Clara are sisters who own 300 acres of land as joint tenants.
a. What interest does each of them have in the parcel of land?
b. If Betty dies, what happens to her share of the 300 acres?
c. If Clara sells one-half of her interest to Diane, what interest does Diane acquire in the 300-acre parcel?

Correct Answer:

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a. Each of the sisters has an undivided ...

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