Search results for: “common tenancy”
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Tenancy in Common
A joint interest in which there is unity of possession but separate and distinct titles; the relationship exists where property is held by several distinct titles by unity of possession and is not an estate but a relation between persons, the only essential being a possessory right, as to […]
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Tenancy
Legal Definition and Related Resources of Tenancy Meaning of Tenancy The relationship between a tenant and his landord. Also, the estate of a tenant such as joint tenancy , tenancy in common . Tenancy […]
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Common
Legal Definition and Related Resources of Common Meaning of Common Belonging to the community at large ; of frequent or ordinary occurrence or appearance ; characteristic of the lower classes; public , general , familiar, usual and ordinary. […]
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Tenancy by the Entirety
An estate held by husband and wife as a fictitious unity with right of survivorship; in addition to the four unities necessary for the creation of and continuance of a joint tenancy, this estate requires unity of husband and wife. Daniel v Wright, 352 F.Supp. I. The estate stems from the […]
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Tenancy by the Entirety
An estate held by husband and wife as a fictitious unity with right of survivorship; in addition to the four unities necessary for the creation of and continuance of a joint tenancy, this estate requires unity of husband and wife. Daniel v Wright, 352 F.Supp. I. The estate stems from the […]
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Cotenancy
Concept of Cotenancy in the context of Real Property A short definition of Cotenancy: A general term covering both joint tenancy and tenancy in common.
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Severing The Joint Tenancy
This is where a property has been held as joint tenants but due to a change in circumstances, for example separation, one or both of the parties now wish to hold the property as tenants in common….
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Co-tenant, Co-tenancy
Tenants in common, tenancy in common.
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Interest
Legal Definition and Related Resources of Interest Meaning of Interest In relation to being objectively concerned in something, by having a right or title to, a claim upon, or a share in. legal concern in a thing; especially right or title to […]
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Severance
The act of severing. partition . Division. In relation to joint tenancy , it is the destruction of the unities essential for the formation and continuance of joint tenancy .
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Severance
The act of severing. partition . Division. In relation to joint tenancy , it is the destruction of the unities essential for the formation and continuance of joint tenancy .
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Commission
An authority to do some act, such as the authority of an agent to enter into a contract or the authority of an officer to hold the office or title . An amount payable to an agent upon the agent performing the act contracted for. Usually expressed in terms of a percentage , but […]
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Duration
Financial Definition of Duration Meaning of Duration A common gauge of the price sensitivity of an asset or portfolio to a change in interest rates. Synonyms of Duration noun age […]
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Tenant
One who holds, uses or enjoys the property of another with his consent or by his permission or letting. In a narrower but more popular sense, a lessee . In order to constitute a tenant in the sense of a lessee, he must be in possession under a lease , written or oral, express or…
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Premises
In strict technical sense, the term as applied to a deed means all the foreparts of the deed preceding the habendum and includes the date of the instrument , the parties to the same, the preliminary recitals , the consideration and the grant , release or other operative […]