‘X’ and ‘Y’ are co-owners of a house. ‘X’ dies and ‘Y’ becomes sole owner of the house because it was
Joint ownership accounts for the surviving co-owner becoming the sole owner through survivorship. Ownership in common instead treats the shares as distinct, so the death of…
Choose your answer
‘X’ and ‘Y’ are co-owners of a house. ‘X’ dies and ‘Y’ becomes sole owner of the house because it was
Answer and explanation
Correct answer B
Joint ownership accounts for the surviving co-owner becoming the sole owner through survivorship. Ownership in common instead treats the shares as distinct, so the death of one co-owner does not by itself make the other sole owner.
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