What is twenty five percent of a year?
twenty five percent of a year = 3 months
1 year = 12 months
25% * 1 year
= 25% * 12 months
= 25%/100% * 12
= 3 months
I will assume you are referring to a twenty five percent undivided interest in real property. A person who owns an undivided twenty percent interest in real property has the right to the use and possession of the whole property. If the property is partitioned or sold that person will receive twenty five percent of the net proceeds from the sale. That person should also be responsible for paying twenty five percent of the costs…