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Co-tenancy
Co-tenancy Co-tenancyis the concurrent estate, a concept in property law, that describes the various ways in which property can be owned by more than one person at a given time, like tenancy in common, joint tenancy with right of survivorship and tenancy by the entirety.
RELATED TERMS--------------------------------------
Estate
The ownership interest of a person in real property, also used to refer to a deceased person's property.
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
Tenancy
A holding, as of land, by any kind of title, occupancy of land, a house or the like under a lease or on payment of rent or tenure.
Survivorship
All rights of a joint tenant passes to the surviving joint tenant.
SIMILAR TERMS--------------------------------------
Co-tenants
Co-tenantsrefers to the parties who own property jointly.
PREVIOUS AND NEXT TERMS--------------------------------------
Customer
Typically, the buyer (before buyer agency laws), as opposed to the principal (seller).
Customer Identification File (CIF)
A computerized central file of information about a bank’s customers that includes account and credit information.
Conveyance
Conveyance is the transfer of title of real estate property from one individual to another.
Consent
The consent is an agreement. Voluntary acceptance of the wish of another. Example: consent of a co-owner to rent a property to someone.
Common areas
Common areas refers to the portions of a building, land and amenities owned or managed by a planned unit development (PUD) or condominium project's homeowners' association that are used by all of the unit owners, sharing in the common expenses of their operation and maintenance.
Co-tenancy
Carrier
Carrierrefers to an insurance company.
Co-tenants
Co-tenantsrefers to the parties who own property jointly.
This dictionary contains 6433 terms. |
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