If Harry, a joint tenant, conveys his interest to Will, what happens to Joe and Moe’s ownership status?

When Harry, a joint tenant, conveys his interest to Will, it directly impacts the ownership structure of the property. In a joint tenancy, co-owners share an equal interest in the property with the right of survivorship, meaning if one co-owner dies, their interest automatically goes to the surviving co-owners.

When Harry transfers his share to Will, it effectively disrupts the original joint tenancy arrangement. The law typically views this conveyance as a severance of the joint tenancy for Harry's share, which means Harry's interest is no longer part of the joint tenancy. Joe and Moe, who remain, do not lose their joint tenancy status with each other. However, Will, as a new party who received the interest, does not automatically become a joint tenant with Joe and Moe because joint tenancy requires the four unities: time, title, interest, and possession. Since Will received Harry's interest through a transfer rather than through joint acquisition of the property, Will cannot have a joint tenancy with Joe and Moe.

As a result, Will becomes a tenant in common with Joe and Moe. In a tenancy in common, each owner has a distinct, separate share of the property, and there is no right of survivorship. Therefore, the status