Jamilah and Corbin share ownership of a piece of land called Blackacre.A profit of $5000 was obtained when blueberries were harvested from Blackacre.Which of the following statements is TRUE?
A) If Jamilah and Corbin are joint tenants, they must each receive $2500 from the blueberry harvest.
B) If Jamilah and Corbin are co-tenants, they must each receive $2500 from the blueberry harvest.
C) Even if Jamilah and Corbin are joint tenants, one of them may have the exclusive right to $5000 from the blueberry harvest.
D) Unless there is a contract to the contrary, the $5000 profit from the blueberry harvest belongs to the person from whom Jamilah and Corbin acquired their interests in Blackacre.
E) The profits from the blueberry harvest belong to either Jamilah or Corbin, depending upon which party individually owned the section of Blackacre that contained the blueberry patch.
Correct Answer:
Verified
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