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A, B, and C own property as joint tenants. A sells her share to D. What is the new status of the ownership?

User Calimo
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1 Answer

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Final answer:

When A sells her share to D, the ownership status changes from joint tenancy to tenancy in common.

Step-by-step explanation:

When A sells her share to D, the new status of the ownership changes from joint tenancy to tenancy in common. In joint tenancy, each co-owner has an equal share and a right of survivorship. However, with tenancy in common, each co-owner can sell or transfer their share independently without the consent of the other co-owners. So, after A sells her share to D, the property is now owned by B, C, and D as tenants in common.

User Popstack
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