Question

Which of the following is NOT true for
Co-ownership
*
A Co-owner can transfer his right
O and interest without the consent of
other co-owners
There is no maximum limit of co-
O
owners
O
A co-owner is not an agent of other
CO-owners.
If a co-owner spends money on co-
owned property he can claim it​

Answer 1

Answer:

there is no maximum limit of co-owner

Answer 2

Answer:

The correct answer is option (d) If a co-owner spends money on co-

owned property he can claim it​.

Explanation:

• Co-ownership may or may not be agreed upon. It can also occur as a result of the operation of the law. As an example, consider inheritance. When a father dies, his sons and daughters inherit property.
• There is no upper limit on the number of co-owners.
• A co-owner is not the other co-agent. owner's Every co-owner is solely responsible for his or her own actions.
• If a co-owner can transfer his rights and interests without the other co-owners' consent.
• A co-owner has the right and interest to transfer his right and interest without the consent of the other co-owners.

Hence, we can conclude that a co-owner can transfer his right without others consent, co-ownership has no limit on number of co-owners also co-owners are not agent of other co-owners or co-ownership and if a co-owner spends money on co-owned property he can't claim it.

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