This preview shows page 1. Sign up to view the full content.
Unformatted text preview: and primarily owned by her husband. C. Since Gary owned the property prior to the marriage, Marge only owns the portion she contributed during the marriage and not entirely the one-half interest of the house according to the textbook. But by concurrent ownership, she is still entitled to her portion of the property. D. By the tenancy by the entirety, it states that some states gave the right to the wife to convey her property but this concurrent ownership has been effectively abolished. A divorce, like Marge and Gary, will terminate a tenancy by the entirety....
View Full Document
This note was uploaded on 01/06/2012 for the course BUS 207 taught by Professor Perello during the Fall '03 term at Cal Poly.
- Fall '03
- Business Law