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Leases; licenses Street v Mountford [1985] UKHL 4 is an English land law case from the House of Lords. It set out principles to determine whether someone who occupied a property had a tenancy (i.e. a lease), or only a licence.
at least five tenants live there, forming more than one household; toilet, bathroom or kitchen facilities are shared between tenants; Before 1 October 2018, there was an additional criterion that the building was three or more storeys. [1] Landlords of large HMOs must apply for a licence and must comply with certain standards and obligations ...
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 ...
Continue reading → The post Joint Tenants vs. Tenants in Common appeared first on SmartAsset Blog. When it comes to sharing ownership of a property with others, two frequently used options are ...
A common example is the landlord-tenant relationship. The landlord may own a house, but has no general right to enter it while it is being rented. The conditions triggering the transfer of possession, first to the tenant then back to the landlord, are usually detailed in a lease .
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.
In the case of tenancy, the landlord may be a private individual, a non-profit organization such as a housing association, or a government body, as in public housing. Surveys used in social science research frequently include questions about housing tenure, because it is a useful proxy for income or wealth, and people are less reluctant to give ...
A tenancy at will or estate at will is a leasehold such that either the landlord or the tenant may terminate the tenancy at any time by giving reasonable notice. It usually occurs in the absence of a lease , or where the tenancy is not for consideration .