A, B, and C own property as joint tenants. If A sells her share to D, what is the new ownership status?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

In a joint tenancy, co-owners have equal rights to the property, and a key characteristic is the right of survivorship, which means that if one joint tenant dies, their share automatically passes to the surviving joint tenants. However, if one joint tenant, in this case, A, decides to sell her share, it changes the nature of the ownership.

When A sells her share to D, A's interest in the joint tenancy is extinguished. B and C remain as joint tenants regarding their respective shares, while D does not become a joint tenant with B and C. Instead, D holds a separate interest in the property as a tenant in common. This means B and C still have joint tenancy between themselves, while D's ownership is independent and does not include the right of survivorship with those two.

Therefore, the status after A's sale is that B and C are still joint tenants of their shares, and D becomes a tenant in common, holding A's former interest. This scenario highlights the distinction between joint tenancy and tenancy in common, particularly in handling the transfer of ownership rights.

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