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Simple English definitions for legal terms

common property

Read a random definition: Protection and Advocacy for Mentally Ill Individuals Act

A quick definition of common property:

Common property refers to property that is owned by more than one person or entity. This means that no one person has complete control over the property. Common property can include land, resources grown on that land, and even geographic names of places. For example, a group of people may own a farm together, and the crops grown on that farm would be considered common property. Similarly, a homeowners' association may manage a shared pool or park in a neighborhood, which would also be considered common property. Even natural resources like water and oil can be considered common property in certain circumstances.

A more thorough explanation:

Common property refers to property that is owned by more than one entity. This means that no single party has complete control over the property. Common property can be found in various scenarios:

Common property can mean real property that is owned by tenants in common. Tenants in common each have an undivided interest in the entire property, making it common property. For example, farm goods produced on land owned by tenants in common are considered common property. The tenants in common cannot harvest those farm goods without the cotenant's approval.

Common property can also mean property that is managed by a homeowners' association in a subdivision development or a condominium project. In these instances, all owners may use the property, and each owns a specific percentage interest.

Common property can also refer to lands that are owned by the government for public use, such as national parks and forests. These public lands are considered common property owned by a nation's body of citizens. The natural resources on those lands, such as water flowing naturally in a stream, are also common property.

Common property can sometimes refer to the resources deep underneath the surface of land. The property rights to oil and gas deep below the surface belong to the owner or lessee of the land, but these rights are not absolute. They are closer to common property title than to absolute property because these substances only become absolute when they are effectively captured and reduced to possession.

Overall, common property is property that is owned by multiple parties, and no single party has complete control over it. The examples illustrate how different types of property can be considered common property and how the degree of control over the property is limited due to shared ownership.

common law marriage | common stock

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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