TN Bar Practice Questions - Tennessee Bar Examination Exam

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Two people purchase property together, taking title as 'joint tenants with right of survivorship.' One joint tenant later sells her interest to a third party. What is the effect on the other joint tenant's interest?

The survivorship right is preserved between all three owners The sale is void because joint tenancy interests cannot be transferred The sale severs the joint tenancy as to the sold share, creating a tenancy in common between the buyer and the remaining tenant The remaining joint tenant automatically takes the entire property

Correct Answer:

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

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