Charlie, a widow, and her only child, Jasmine are purchasing small one-story house, using the proceeds from the sale of the large home Charlie owned with her husband and a cash contribution from Jasmine. Jasmine, plans to move in and help her mother as Charlie is beginning to have health issues. Charlie wants to make sure her daughter gets full ownership of the house without any issues when Charlie dies. 

1. How should Charlie and Jasmine take title to ensure the house goes to Jasmine upon Charlie's death? Why? 

2. Assume Jasmine and Charlie took title as Joint Tenants - Charlie and Jasmine have a massive disagreement and Jasmine decides to sell her interest to Mandy. How do Mandy and Charlie hold title? Why? 

3. What are the four unities of Joint Tenancy? Which one is missing between Charlie and Mandy?

Answer rating: 100% (QA)

1 Charlie and Jasmine should consider taking title as Joint Tenants with R... View the full answer