Roche and Hecht owned a boat, which they used for weekend fishing trips. Because both were married
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Roche and Hecht owned a boat, which they used for weekend fishing trips. Because both were married and had children, they set up their agreement to own the boat in such a way that if either one died, from any cause, the heirs of the deceased party would inherit his interest.
a. Is this an example of joint tenancy?
b. Is this an example of tenancy in common?
c. Does Hecht’s interest in the boat indicate a severalty interest?
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Related Book For
Essentials Of Business Law
ISBN: 9781260734546
11th Edition
Authors: Anthony Liuzzo, Ruth Calhoun Hughes
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