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Question 1

A difference between the relationship of co-tenants between each other and the relationship between a present interest holder and a future interest holder is that...

Question 2

Mr. Lodge is selling his house for $500,000. Jughead and Archie decide to buy it. Jughead pays Mr. Lodge $300,000 and Archie pays $200,000. Mr. Lodge conveys the house by a deed "to Archie and Jughead." Which of the following is correct?

Question 3

Archie owns a 75% interest in a seaside cabin. Jughead owns a 25% interest in the same cabin. Jughead and Archie both want to use the cabin over a weekend. Archie claims that, since he owns a 75% interest, he should have first shot at use of the cabin. Is he correct?