Sunday 3 June 2012

Huey, Dewey, and Louie own a building as tenants in common. Huey lives in the building.

Huey, Dewey, and Louie own a building as tenants in common. Huey lives in the building. Without consulting the other two owners, Dewey deeds his interest in the building to Joe. What will be the outcome of this situation?
A. Huey will own the property as tenants in common with Joe and Louie.
B. The transfer of the interest to Joe will be ineffective because the other two did not consent.
C. Huey and Louie will still own the property as tenants in common, but Joe will have a reversionary interest.
D. Joe will make Huey pay rent.
 

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