Joint Tenancy CH. 3 Flashcards
1
Q
Repair v. Improvement (Right of Contribution Joint Tenants)https://www.brainscape.com/packs
Was David’s expenditure of $5,000 for the sprinkler a repair (for which contribution from Ellen can be secured) or an improvement (so that David has no immediate right to contribution)?
A
A repair maintains the property, whereas an improvement extends the property’s life or makes it more valuable.