Four siblings, Moana, Joseph, Betty and Angela are in the market to purchase a residential...
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Accounting
Four siblings, Moana, Joseph, Betty and Angela are in the market to purchase a residential property together. They intend to be registered as co-owners in their individual names. In your own words:
a) Identify and explain to the siblings TWO (2) different ways in which they could hold co-ownership as purchasers of a residential property.
b) Explain the implications of ONE (1) of the forms of ownership that you have explained in (a), in the event that one of them dies.
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