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LSDefine

Simple English definitions for legal terms

time unity

Read a random definition: nexus realis

A quick definition of time unity:

Time unity is a rule that says if people own something together, they all have to start owning it at the same time. For example, if three friends buy a car together, they all have to start owning it on the same day. This is one of four rules that make up joint tenancy, which is a way of owning property together.

A more thorough explanation:

Definition: Time unity refers to the requirement that all joint tenants' interests must vest at the same time.

Time unity is one of the four unities required for the creation of a joint tenancy, which is a type of co-ownership of property. The other three unities are interest, possession, and title.

For example, if three people inherit a property and want to hold it as joint tenants, they must all inherit their interests at the same time. If one person inherits their interest a year later than the other two, they cannot hold the property as joint tenants.

Time unity ensures that all joint tenants have an equal and simultaneous interest in the property. This helps to prevent disputes and confusion over ownership rights.

time-shifting | time value

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10:31
Yeah I think that’s kinda true but I think if you work super hard and are top 10%at the t≈50 you’re kinda chilling
eggan
10:31
in the tri state area absolutely. california theyve never heard of fordham
eggan
10:32
maybe not never but theyd rather take from a similarly reputable regional school in california like irvine or davis
eggan
10:32
im also doing fordham PI so its different
180letmein
10:32
Ahhh makes sense.
eggan
10:33
@winningest: top 10% isnt guaranteed tho. the curve might beat ur ass
eggan
10:34
between wayne and maurer tho for full rides id actually do maurer. indiana is a bigger name imo than wayne
eggan
10:35
you could probably get a cool job in chicago there
10:35
Between those two I lean Wayne bc I prefer location
eggan
10:35
gotcha its a location thing
TenFiftyILuvUGang
10:36
me and my friends we got money to spend
TenFiftyILuvUGang
10:36
me n my friends we got money to spend
TenFiftyILuvUGang
10:36
me n my friends me n my friends
10:37
It seems so odd that lower ranked schools tend to region lock you though, it’s the only profession that really works like that I feel
10:38
That’s part of my fear is I don’t truly know where I’ll want to live in a decade
10:38
kjkj
10:45
what's up bullet shields?
Mostlylegal
10:46
ANOTHER DAY ANOTHER FO PM?
10:48
Heard maga SLS wave this week
Mostlylegal
10:50
guys i dont think i can take this anymore
10:50
So join a gang, esse
10:51
Everything is a choice, brudda
ClassyPleasantHeron
11:36
I'm honestly surprised that NYU has bothered to send more As this late.
MrThickRopes
11:38
Where da decisions at
11:40
^
babycakes
11:40
NYU has not rendered decisions for 50+% all applicants
babycakes
11:41
of all
babycakes
11:41
They are one of the law schools with the most acceptances left to give, along with Stanford
Denny
11:47
hi babtcakes
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