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Harris and Davis, single people, owned a parcel of real property as joint tenants. Harris encumbered his interest for $10,000, borrowing the amount to pay medical bills without the knowledge or consent of Davis. Shortly thereafter, Harris died, with the debt still unpaid. Which of the following would be true?

A) Harris' estate would be responsible for the full repayment of the $10,000 debt.
B) Davis would be solely responsible for repaying the $10,000 debt.
C) The $10,000 debt would be forgiven upon Harris' death.
D) The $10,000 debt would be transferred to Davis as the surviving joint tenant.

Answer :

Final answer:

In this scenario, Harris' estate would be responsible for the full repayment of the $10,000 debt.

Explanation:

In this scenario, Harris and Davis are joint tenants who own a parcel of real property. As joint tenants, they have equal ownerships and rights to the property. If Harris encumbered his interest without the knowledge or consent of Davis, it means he borrowed money and used his share of the property as collateral. When Harris dies with the debt unpaid, his estate would be responsible for the repayment of the debt, as it is a liability that is tied to his ownership interest in the property.

So, the correct answer is

A) Harris' estate would be responsible for the full repayment of the $10,000 debt.

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