CeMAP 2 Practice Questions - CeMAP Module 2 - Mortgages (MORT) Exam

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Two friends buy a property as tenants in common in unequal shares. On the death of one owner, what happens to that owner's share?

It passes automatically to the surviving co-owner It passes under the deceased's will or intestacy It reverts to the freeholder It is split equally among all the lender's customers

Correct Answer:

It passes under the deceased's will or intestacy

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