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18 February, 00:25

Sally, Jake, and Bill hold a property in joint tenancy. How are their property shares divided?

A. One person must hold at least 50% of ownership.

B. Each person holds equal shares.

C. Each owner holds a 20% share.

D. Shares are not divided in joint tenancy.

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Answers (1)
  1. 18 February, 02:00
    0
    option B is the correct answer

    Explanation:

    joint tenancy is the coming together of two or more person to own thesame property. it is a special form of ownership. the joint tenants shares equal right and ownership and have equal right to keep or dispose the property.
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Home » Business » Sally, Jake, and Bill hold a property in joint tenancy. How are their property shares divided? A. One person must hold at least 50% of ownership. B. Each person holds equal shares. C. Each owner holds a 20% share. D.
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