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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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JumpySubsequentDolphin
12:57
@glovediedthisishismom: GNXXXX
babycat
12:59
I heard if you apply YM at Brooklyn specifically it’s the equivalent of like a 5 LSAT point boost
HopefullyInLawSchool
13:00
^^^^This
13:00
does anyone have any information on lsu? I have only heard of 1 person getting a decision and its driving me insane
HopefullyInLawSchool
13:01
Just info on their YM applications but nothing else
HopefullyInLawSchool
13:02
@BeFree03:
13:04
yeah thats all i am seeing as well. i have literally looked everywhere trying to find at least a time of day for decisions but theres nothing
CuriousPanda2362
13:04
I feel like it’s the calm before the storm
CuriousPanda2362
13:05
Big movement are bound to happen soon but it’s so eerily quiet
HopefullyInLawSchool
13:05
^^^^Me taking a dookie
CuriousPanda2362
13:05
Lmao
babycat
13:06
Ehh I think schools will prob release information on their YM applicants first before they even get to RD
babycat
13:06
I wouldn’t expect RD applicants to hear anything until after Thanksgiving bc they prioritize YM so heavily
HopefullyInLawSchool
13:06
I heard theyll do that at LSU but not 100% sure
2big2fail
13:09
berkeley status checker is so funny
13:11
berk today will be Huge if it happens
2big2fail
13:12
i think berkeley next wave will be in december
13:13
that is probable i just have a funny where i say “berk today” every single day
2big2fail
13:13
makes sense
@JumpySubsequentDolphin: TODAY IS OUR DAY also 1pm est or pst?
JumpySubsequentDolphin
13:14
YEAHHH SPLITTY. also PST
yo mama jokes will never not be funny
everyone trying to YM each other but no JM... damn :/
AHAHAHAAH
i'm lying in wait dw
if no gtown today i'm crashing out so bad yall don't even know
i will not be racist or say slurs tho unlike Some people
how bad on a scale of wild- evol bunny
HAHAHAH
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