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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.

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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