If a joint tenant conveys their interest to a third party, the title is replaced by:

If a joint tenant conveys their interest to a third party, the title is replaced by:

• A. A new joint tenancy with all parties
• B. Tenancy in Common between transferee and remaining co-owners
• C. A Life Estate
• D. An Encumbrance

Answer: (B)

When a joint tenant transfers their interest to a third party, the joint tenancy is severed for that share and the transferee takes as a tenant in common with the remaining co-owners. Joint tenancy relies on unities of time, title, interest, and possession plus the right of survivorship. A unilateral transfer breaks those unities for the transferor’s share, so the new owner does not join as a joint tenant; instead, they hold a share as a tenant in common with the other co-owners. The result is that the property is now owned by the transferee and the remaining co-owners as tenants in common, not by all parties as a single joint tenancy. A fresh joint tenancy with all parties would require a new, mutual agreement to form a joint tenancy, which isn’t what happens automatically here. A life estate isn’t created by simply conveying ownership, and an encumbrance is a claim or lien on the property, not a change in ownership form.

When a joint tenant transfers their interest to a third party, the joint tenancy is severed for that share and the transferee takes as a tenant in common with the remaining co-owners. Joint tenancy relies on unities of time, title, interest, and possession plus the right of survivorship. A unilateral transfer breaks those unities for the transferor’s share, so the new owner does not join as a joint tenant; instead, they hold a share as a tenant in common with the other co-owners. The result is that the property is now owned by the transferee and the remaining co-owners as tenants in common, not by all parties as a single joint tenancy.

A fresh joint tenancy with all parties would require a new, mutual agreement to form a joint tenancy, which isn’t what happens automatically here. A life estate isn’t created by simply conveying ownership, and an encumbrance is a claim or lien on the property, not a change in ownership form.