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Simple English definitions for legal terms

Ownership in common

Read a random definition: Quitclaim deed

A quick definition of Ownership in common:

Ownership in common means that two or more people share the right to own something together. If one owner dies, their share of the property goes to their own family, not to the other owner(s). This is different from joint ownership, where the remaining owner(s) would get the deceased owner's share.

A more thorough explanation:

Ownership in common refers to the right of ownership shared by two or more people whose interests are divisible. This means that each owner has a specific percentage of ownership in the property. For example, if A and B own a property in common, A may own 60% and B may own 40%.

Upon the death of one owner, their interest in the property passes to the dead owner’s heirs. For instance, if A and B have ownership in common of property (E), and A dies, A's share does not go to B. Rather, A's share goes to A’s heir. This contrasts with joint ownership, where the interest of the dead owner would pass to the remaining owner(s).

For example, if two siblings inherit a house from their parents and they decide to own it in common, each sibling would have a specific percentage of ownership. If one sibling dies, their share of the property would pass to their heirs, not to the surviving sibling.

Ownership | PACER

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triplethread
13:28
mamas getting denied
JumpySubsequentDolphin
13:29
the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
13:29
it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
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