Law, 05.09.2019 23:30 marianesabrinap20

Two friends together purchased a beachfront residence. they took title to the residence as joint owners, with the older friend owning a 60% interest, and the younger, a 40% interest. during the past year, the younger friend used the residence for 75 days. the older friend used the residence for 50 days. when the time came for payment of the property taxes, the older friend paid 75% of the annual property taxes on the residence. the older friend filed an action for contribution. can the older friend recover for the amount by which his property tax payment exceeded his ownership share and the fair market value of the younger friend's use of the residence in excess of her ownership share? answers: a. both may be recovered. b. only the amount by which the property tax payment exceeds his ownership share may be recovered. c. only the fair market value of the younger friend's use of the residence in excess of her ownership share may be recovered. d. neither may be recovered.

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