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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Essentials Of Business Law

ISBN: 9781260734546

11th Edition

Authors: Anthony Liuzzo, Ruth Calhoun Hughes

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