Quizzes & Puzzles2 mins ago
Problem based question on co ownership
Poppy, Maisie, Bill, Ben and Jade have been best friends since they started school. In January 2007, they decide to buy a house in the Medway towns. Poppy pays 50,000, Maisie pays 30,000, Bill pays 25,000, Ben who is only 17 pays 20,000 and Jade pays 40,000. The property is conveyed to them as joint Tenants.
Bill and Ben start a relationship and decide to put locks on their rooms and the smaller of the two receptions preventing the rest of the group from having access.
Poppy offers to sell her interest in the property to Maisie but before Maisie replies to Poppy, Jade in a fit of temper kills Poppy. Poppy had written a will and in the will she leaves all her property to Tony. Tony wishes to have the house sold.
Advise, Maisie, Bill, Ben, Jade and Tony on whether the house will be sold and if it is, how the proceeds will be divided. You must cite and use relevant legal authority to support your answer.
Bill and Ben start a relationship and decide to put locks on their rooms and the smaller of the two receptions preventing the rest of the group from having access.
Poppy offers to sell her interest in the property to Maisie but before Maisie replies to Poppy, Jade in a fit of temper kills Poppy. Poppy had written a will and in the will she leaves all her property to Tony. Tony wishes to have the house sold.
Advise, Maisie, Bill, Ben, Jade and Tony on whether the house will be sold and if it is, how the proceeds will be divided. You must cite and use relevant legal authority to support your answer.
Answers
Best Answer
No best answer has yet been selected by viraj911. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.