Question

Shortly before their wedding, a man and a woman bought a tract of land, taking title in both names. They had intended to build a summer cottage there, but many years after their marriage the land was still a vacant lot. The man decided that their introverted son would have more confidence if he were a landowner; thus, the man drew up a deed conveying a one-quarter interest in the land to him. Not wanting to show favoritism, two weeks later the man drew up a deed conveying a one-quarter interest in the same land to their daughter. Who owns the land

Answer 1

Answer:

The son has a one-quarter interest, the daughter has a one-quarter interest, and the woman has a one-half interest.

Explanation:

First of all the man and the woman Boston land in both their names so we presume that they are tenants in common. Remember they were both on married at the time of the purchase. So after they purchased the land both of them were entitled to 1/2 each of this property.

Now this man gave out 1/4 to his son and another 1/4 to the daughter. The passion he has given out his his own share of the Land given that 1/4 + 1/4 = 1/2 which is his half of the Land.

Show ownership of this land not belongs to his son who owns 1/4, his daughter who also owns 1/4, and his wife who has 1/2 interest