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Simple English definitions for legal terms

Tenancy in Common

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A quick definition of Tenancy in Common:

Tenancy in common is a type of shared ownership of property where each owner owns a share of the property. Unlike joint tenancy, there is no right of survivorship, meaning that if one owner dies, their share goes to the person they selected in their will. Owners can have unequal shares and can freely transfer their share during their lifetime or through a will. All owners have the right to use and occupy the entire property, regardless of their share size. If a property is conveyed to two parties as tenants in common, the language "as tenants in common" should be used. If it is unclear whether a conveyance creates a tenancy in common or a joint tenancy, courts will typically interpret it as a tenancy in common.

A more thorough explanation:

A tenancy in common (TIC) is a type of shared ownership of a property. It is one of three types of concurrent estates, the others being joint tenancy and tenancy by the entirety. In a TIC, each owner owns a share of the property, which may be of unequal size, and can be freely transferred to other owners both during the owner's lifetime and via a will. All owners have the right to occupy and use the entire property, regardless of the size of their share.

For example, if A and B own a house as tenants in common, and A owns 1/3 of the house and B owns 2/3, they both have the right to occupy the entire property. If B sells his 2/3 share of the home to C, A still retains his 1/3 share in the house.

To convey property to two parties as tenants in common, the language preferred by property law is: "O conveys X property to A and B as tenants in common." If a conveyance does not explicitly show an intent to create a right of survivorship, and it is unclear as to whether the conveyor intended to create a tenancy in common or a joint tenancy, courts will typically interpret the conveyance as creating a tenancy in common, rather than a joint tenancy.

In summary, a tenancy in common is a type of shared ownership where each owner owns a share of the property, which can be of unequal size and freely transferred. All owners have the right to occupy and use the entire property, and there is no right of survivorship.

Tenancy for Years | Tenant

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
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im premed idk why im here
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we’re like cool and sexy and fun I get it
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true i love ur user
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thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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