Lizzy and Emma buy a $100,000 vacation cottage together. Lizzy makes a $25,000 down payment, and Emma takes out a $75,000 mortgage. The deed simply states the ownership as "Lizzy D. and Emma K. as tenants in common." What is Emma's interest in the house?

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02-06-2024
Law

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Lizzy and Emma buy a $100,000 vacation cottage together. Lizzy makes a $25,000 down payment, and Emma takes out a $75,000 mortgage. The deed simply states the ownership as "Lizzy D. and Emma K. as tenants in common." What is Emma's interest in the house?

Sagot :

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