Xena and Zinc jointly owned a parcel of property. Xena sold her share of the property to Sola. Xena then died. Xena has a child, Eos, and Zinc has a child, Kirros. If the property was owned as joint tenants by Xena and Zinc, who now owns the property and why? If instead the property was owned as tenants in common, who now owns the property and why?
Xena and Zinc jointly owned a parcel of property. Xena sold her share of the property to Sola. Xena then died. Xena has a child, Eos, and Zinc has a child, Kirros. If the property was owned as joint tenants by Xena and Zinc, who now owns the property and why? If instead the property was owned as tenants in common, who now owns the property and why?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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![Xena and Zinc jointly owned a parcel of property. Xena sold her share of the property to Sola. Xena then died. Xena has a child,
Eos, and Zinc has a child, Kirros. If the property was owned as joint tenants by Xena and Zinc, who now owns the property and why?
If instead the property was owned as tenants in common, who now owns the property and why?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F35fe8551-5b1e-44e5-a578-643ebe48bccd%2Fd58eff10-8f0a-4efa-bc9c-43ac361223f4%2F95guwhg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Xena and Zinc jointly owned a parcel of property. Xena sold her share of the property to Sola. Xena then died. Xena has a child,
Eos, and Zinc has a child, Kirros. If the property was owned as joint tenants by Xena and Zinc, who now owns the property and why?
If instead the property was owned as tenants in common, who now owns the property and why?
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