Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Real Estate Licensing NCREC-Broker-N Exam - Topic 1 Question 14 Discussion

Friends Jack, Jill, and Harold bought a warehouse property in North Carolina, and the deed simply stated, "as joint tenants." Assuming Harold had a will when he died, who got his share of the warehouse?
C) Jack and Jill
A) Harold's spouse
B) Harold's heirs
D) It's up to the court to decide

Real Estate Licensing NCREC-Broker-N Exam - Topic 1 Question 14 Discussion

Actual exam question for Real Estate Licensing's NCREC-Broker-N exam
Question #: 14
Topic #: 1
[All NCREC-Broker-N Questions]

Friends Jack, Jill, and Harold bought a warehouse property in North Carolina, and the deed simply stated, "as joint tenants." Assuming Harold had a will when he died, who got his share of the warehouse?

Show Suggested Answer Hide Answer
Suggested Answer: C

In North Carolina, joint tenancy includes the right of survivorship unless otherwise stated. If a deed says 'as joint tenants,' and right of survivorship is implied or established, then Harold's share automatically passes to the surviving joint tenants (Jack and Jill), regardless of Harold's will. Since nothing indicates the tenancy was anything other than traditional joint tenancy with survivorship, Jack and Jill receive Harold's share.

---


Contribute your Thoughts:

0/2000 characters
Ahmed
2 hours ago
Wait, are you sure? What if Harold had a spouse?
upvoted 0 times
...
Emelda
5 days ago
I agree, joint tenants automatically pass their share to the surviving tenants.
upvoted 0 times
...
Tawna
10 days ago
It's definitely C) Jack and Jill. Joint tenancy means right of survivorship.
upvoted 0 times
...
Phillip
16 days ago
Wait, does the will even matter in this case? I thought joint tenancy overrides individual wills.
upvoted 0 times
...
Marsha
2 months ago
I recall a similar question where joint tenants automatically inherit each other's shares. So, I would lean towards C) Jack and Jill.
upvoted 0 times
...
Alyssa
2 months ago
I'm not entirely sure, but I feel like if Harold had a will, it might complicate things. Did we cover that in class?
upvoted 0 times
...
Margot
2 months ago
I think I remember that joint tenancy means the right of survivorship, so Harold's share would go to Jack and Jill.
upvoted 0 times
...

Save Cancel