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American College Exam HS330 Topic 1 Question 100 Discussion

Actual exam question for American College's HS330 exam
Question #: 100
Topic #: 1
[All HS330 Questions]

All the following statements concerning ownership of property in the form of a joint tenancy with right of survivorship are correct EXCEPT:

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Suggested Answer: D

by Tracey at Sep 18, 2024, 11:44 AM

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Jutta
1 months ago
Personally, I think B is the answer. Joint tenants don't have to be related, that's the whole point of this type of ownership. The other options all seem correct to me.
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Maybelle
1 months ago
Haha, this is a classic trick question. I bet the answer is D, and they're just trying to trip us up with all the other seemingly correct options.
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Man
11 days ago
C) Either real property or personal property may be the subject of this type of ownership.
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Haley
12 days ago
B) Joint tenants need not be related either by blood or marriage.
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Cassie
19 days ago
A) All joint tenants must have equal interests in the property.
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Barrett
2 months ago
I'm not sure about that, I think the answer might be A because joint tenants do not have to have equal interests in the property.
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Marisha
2 months ago
Wait, I'm confused. Isn't the whole point of joint tenancy with right of survivorship that the property goes to the surviving tenants, not the deceased's estate? This question is trickier than it seems.
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Francene
5 days ago
D) Upon the death of a joint tenant, his interest in the property passes to his estate or heirs.
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Rocco
13 days ago
C) Either real property or personal property may be the subject of this type of ownership.
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Laurel
1 months ago
B) Joint tenants need not be related either by blood or marriage.
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Joanna
1 months ago
A) All joint tenants must have equal interests in the property.
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Barb
2 months ago
I think the answer is D. Upon the death of a joint tenant, his interest in the property passes to the surviving joint tenants, not to his estate or heirs.
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Janey
1 months ago
C) Either real property or personal property may be the subject of this type of ownership.
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Rosina
1 months ago
B) Joint tenants need not be related either by blood or marriage.
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Ressie
1 months ago
A) All joint tenants must have equal interests in the property.
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Sage
2 months ago
I agree with Joesph, because in joint tenancy with right of survivorship, the deceased tenant's interest passes to the surviving tenants, not to his estate or heirs.
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Joesph
2 months ago
I think the answer is D.
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