A tenant in common can sell, encumber or transfer his or her interest to an outs
ID: 2620935 • Letter: A
Question
A tenant in common can
sell, encumber or transfer his or her interest to an outside party without the consent of the other tenants in common.
use his or her interest in the estate to encumber the entire estate.
sell, encumber or transfer his or her interest only to the other tenants in common.
sell, encumber or transfer his or her interest only with the consent of all the other tenants in common.
A condominium owner can
sell or mortgage the condominium unit without hindrance from individual owners of neighboring units.
sell the interest in the physical unit separately from the interest in the common elements.
exclude non-owners from the unit owner's pro rata portion of the common elements.
exclusively possess and use those portions of the common areas structurally or functionally necessary for the operation of the unit.
Explanation / Answer
1)
sell, encumber or transfer his or her interest to an outside party without the consent of the other tenants in common.
2)
sell or mortgage the condominium unit without hindrance from individual owners of neighboring units.
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