Jaron and Golda plan to acquire shared ownership in a piece of land called Blackacre.Which of the following statements is TRUE?
A) They should entirely avoid shared ownership if they are opposed to the concept of survivorship.
B) They can be joint tenants even if they acquire individual ownership over separate halves of Blackacre.
C) They may be tenants in common even if Jaron receives a 75 percent undivided share in Blackacre.
D) They should probably acquire Blackacre as joint tenants if they intend to use it for business purposes.
E) If they become joint tenants, they cannot later decide to become co-tenants instead.
Correct Answer:
Verified
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