Florida Real Estate Exam

Category - Florida

Mr. and Mrs. Walter Layman hold title to their property as joint tenants.  Mrs. Layman has had a will drawn in which she, upon her death, transfers her interest in the home to the children equally.  Concerning her will upon her death, which of the following would be true?

  1. The children have no interest whatsoever in the property
  2. Each child will have a half interest in the property
  3. One-half will go to the children and one-half to the father
  4. The property must be probated to determine correct ownership
Explanation
Answer A - Ownership in joint tenancy always includes the right of survivorship; hence, upon the death of Mrs. Layman, the property would pass to Mr. Layman automatically.

Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz