Co-Ownership and Types of Ownership: Tenants in Common vs. Joint Tenancies
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Questions and Answers

What does the term 'commorientes' refer to in the text?

  • A regime under the Law of Property Act 1925
  • The youngest deceased JT's estate getting the property
  • A situation where it is impossible to determine who died first (correct)
  • A legal term referring to property inheritance

How does the Succession Act 1965 handle cases of uncertain simultaneous deaths?

  • Requires clear and cogent evidence to show who died first
  • Presumes they have died simultaneously (correct)
  • Applies the English approach of determining the youngest deceased JT's estate
  • Presumes the youngest deceased JT's estate will get the property

How does the judge in Re Kennedy Kearns explain when uncertainty arises in cases of simultaneous deaths?

  • Uncertainty arises when both parties die without wills
  • Uncertainty arises when there are multiple successors
  • Uncertainty arises when it cannot be eliminated by certainty (correct)
  • Uncertainty arises when clear evidence is presented

What effect does S68 of the CLMP Act 2008 have on cases of simultaneous deaths in Ireland?

<p>Presumes both parties have died simultaneously for estate distribution purposes (A)</p> Signup and view all the answers

How does the Law of Property Act 1925 differ from the Succession Act 1965 in handling cases of uncertain simultaneous deaths?

<p>It presumes the youngest deceased JT's estate will get the property (C)</p> Signup and view all the answers

What is the significance of 'presumption of simultaneous deaths' in cases of uncertainty as per the text?

<p>It determines the legal and equitable ownership of property (D)</p> Signup and view all the answers

What is the term used to describe a situation where two or more persons concurrently own property?

<p>Co-ownership (D)</p> Signup and view all the answers

What are the two main types of co-ownership mentioned in the text?

<p>Tenants in common and Joint tenancies (C)</p> Signup and view all the answers

What is the distinguishing feature between joint tenancies (JTs) and tenants in common (TICs)?

<p>The requirement of four unities and the right of survivorship (B)</p> Signup and view all the answers

What happens to the property when one of the joint tenants (JTs) dies?

<p>The remaining JT becomes the sole owner due to the right of survivorship (C)</p> Signup and view all the answers

What characteristic of joint tenancies (JTs) makes it effectively a 'last man standing rule'?

<p>Equal shares held by each JT of the entire property (A)</p> Signup and view all the answers

What can a tenant in common (TIC) do with their share of the property upon death?

<p>It can be handed down in a will or intestacy (A)</p> Signup and view all the answers

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