MN Bar Practice Questions - Minnesota Bar Examination Exam

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Two people own property as joint tenants with right of survivorship. One joint tenant sells her interest to a third party. What is the effect on the joint tenancy?

The joint tenancy continues unaffected The sale severs the joint tenancy as to that interest, creating a tenancy in common between the buyer and the remaining tenant The buyer becomes a joint tenant with right of survivorship The sale is void

Correct Answer:

The sale severs the joint tenancy as to that interest, creating a tenancy in common between the buyer and the remaining tenant

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