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vfiekz [6]
2 years ago
14

John, paul, george, and ringo own a property as joint tenants with the right of survivorship. if paul passes away, who inherits

his share of the property?
History
1 answer:
beks73 [17]2 years ago
8 0

If Paul should pass away and was in a joint tenant agreement, as regards who will inherit his share of the property, John, George & Ringo split his shares equally.

<h3>What happens when one leaves a joint tenancy agreement?</h3>

Joint tenancy agreements have a clause called the Right of Survivorship which states that when a joint tenant dies, their shares will go to the other joint tenants.

This means that if Paul should pass away, his shares would go to the other joint tenants who would then share them equally.

Find out more on Joint tenancy at brainly.com/question/12932972

#SPJ1

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