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Smith and Mr. Jones each own a 50% interest in Willow Farm. Each party is free to sell his share of the property at any time and can direct the...
Mr. Smith and Mr. Jones each own a 50% interest in Willow Farm. Each party is free to sell his share of the property at
any time and can direct the disposition of the property upon his death. This type of co-ownership is a:
Select one:
a. Remainder interest
b. Joint tenancy with right of survivorship
c. Tenancy in Common
d. Partnership