Business, 20.03.2020 22:52 shusemann

Bob, Fred, and Jack own equal interests in a parcel of land as tenants in common. Without the consent of the others, Jack leased his 1/3 share to Tom.
Which statement is correct?

a. Bob, Fred, and Jack will share equally in the rent collected from Tom.
b. Jack is entitled to all of the rent collected from Tom.
c. Jack must designate the area that would be for Tom’s exclusive use.
d. Tom may use only 1/3 of the property.

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Bob, Fred, and Jack own equal interests in a parcel of land as tenants in common. Without the consen...

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