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Would the answer be Ernie since he was sold the share first?

Business & Finance
Tutor: None Selected Time limit: 1 Day

Chip, Rob, and Mike have a joint tenancy. If Chip sold his share to Ernie, then sold that same share to Steve without telling Steve about the sale to Ernie, who would own Chip’s share under Georgia law?  

Apr 20th, 2015

Unity of possession means that each of the co-owners has an equal right to possession of the entire property. If a joint tenant excludes another joint tenant from the property, this amounts to trespass. Co-owners have a right to joint possession of the title deeds.

The recognises that the three joint owners be involved in any transfer,sell or transactions involving the joint venture.

Apr 20th, 2015

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