Itzhak and Eleni Are Joint Tenants of a Piece of Land

question 25

Multiple Choice

Itzhak and Eleni are joint tenants of a piece of land called Blackacre. Which of the following statements is TRUE?

• A) Although their shares are undivided, Itzhak may own a 60 percent interest in the joint tenancy.
• B) If Itzhak dies and his widow inherits his interest in Blackacre, then Eleni and the widow will own the property as joint tenants.
• C) If Itzhak and Eleni grant a lease to Damian, then he will join them in a joint tenancy.
• D) If Itzhak sells his interest to Rosie, Rosie and Eleni will be co- tenants of Blackacre.
• E) If Eleni sells half of her interest to Eduardo, then there will be a joint tenancy between Eleni and Eduardo, but a tenancy in common between Eduardo, Eleni, and Itzhak.

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Definitions:

Paralegal

A legal assistant who performs tasks such as research and documentation under the supervision of an attorney.

Title Examination

The process of reviewing public records to determine the legal ownership of property and to identify any claims, liens, or encumbrances on it.

Title Insurance Company

A company that provides insurance against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.

Paralegal

A legal professional who assists attorneys in the delivery of legal services, performing tasks such as research and document preparation.