Forms of concurrent ownerships.
Discuss one of those forms of concurrent ownerships.
Aaron, Bob and Carol purchased Blackacre and own the property as joint tenants with the right of survivorship. Aaron owns 40%. Bob and Carol own 30% each. Bob dies leaving no heirs. Later, Carol (a single mother) dies leaving as her heirs, a daughter, Dorothy and a son, Eric. How is ownership to Blackacre held after Bob and Carol die? Why?