Ads
related to: wording for joint tenancy agreement hold up in court
Search results
Results from the WOW.Com Content Network
A joint tenancy or joint tenancy with right of survivorship (JTWROS) is a type of concurrent estate in which co-owners have a right of survivorship, meaning that if one owner dies, that owner's interest in the property will pass to the surviving owner or owners by operation of law, and avoiding probate. The deceased owner's interest in the ...
The House of Lords held that Mr Vaughan with his co-tenants were licensees only and not tenants, because none had exclusive possession and their rights could not be amalgamated to give a joint lease, while Mr Villiers and Ms Bridger did have exclusive possession of their room - albeit jointly - and therefore did have a lease, despite the wording of their agreements which identified them as ...
Co-ownership; severance of joint tenancy (s.36(2) Law of Property Act 1925); postal rule; letter never read Kinch v Bullard [1998] 4 All ER 650 is an English land law case, concerning co-ownership of land and an act of severance of a joint tenancy, whether caught by the deemed-delivered provisions of the common law postal rule .
Continue reading → The post Community Property vs. Joint Tenancy appeared first on SmartAsset Blog. Of these, two common shared estate ownership options include joint tenancy and community property.
Mikeover Ltd v Brady [1989] is an English land law case, concerning the definition of leases, specifically a standard tenancy as opposed to a licence.Here a licence was confirmed and upheld where two former co-habitees had fallen out and separated; removing from the remaining licensee, in arrears, the extra time to remain afforded by the old Rent Act 1977 type tenancies which he hoped to ...
The underlying law as to survivorship and the default way in which spouses co-own (as joint tenants in equity, not tenants in common in equity) has not changed - it takes documented 'words of severance' to end the survivor's full-parts ("absolute") inheritance of a jointly owned asset (which is the resultant feature of being a 'joint tenant in equity').
Ads
related to: wording for joint tenancy agreement hold up in court