Concurrent Estates Flashcards

1
Q

Concurrent Estate —

A

an estate in land which is held by more than one person concurrently, all of whom have the right to enjoyment and possession of the land.

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2
Q

Joint Tenancy —

A

two tenants own a piece of land concurrently and enjoy a right of survivorship where when one tenant dies, the other absorbs the deceased tenant’s interest.

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3
Q

Must a right of survivorship be expressly stated?

A

Yes, otherwise courts interpret it as tenancy in common.

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4
Q

What severs a joint tenancy?

A

An *inter vivos conveyance of one of the tenant’s interests in the land. A tenancy in common results.

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5
Q

When will an inter vivos conveyance of one’s interest in a joint tenancy not sever the entire joint tenancy?

A

Where there are more than two joint tenants, the one who has conveyed their interest becomes a tenant in common, the other two remain joint tenants.

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6
Q

Will a testamentary conveyance of land in one’s will terminate a joint tenancy?

A

No, because the interest is not conveyed until the joint tenants death, which also terminates the joint tenancy.

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7
Q

Tenancy by the Entirety —

A

a marital estate akin to a joint tenancy.

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8
Q

What terminates a tenancy by the entirety?

A

Divorce, death, mutual agreement or execution by a joint creditor (including a plaintiff) of both spouses.

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9
Q

Tenancy in Common —

A

a concurrent estate with no right of survivorship. Tenants can hold different interests in the property, but all of them have possession of the whole.

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10
Q

Does a co-tenant in a concurrent estate have the right to exclusive possession of any part of the land?

A

No.

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11
Q

When can a co-tenant who is out of possession bring a possessory action against a co-tenant?

A

Only when she is ousted; i.e. her co-tenant claims exclusive possession.

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12
Q

Do profits accrued by one co-tenant belong to all the co-tenants?

A

No. They belong only to the co-tenant who earned them.

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13
Q

What must a co-tenant share with other co-tenants?

A

Rents and net profits gained from the exploitation of the land.

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14
Q

May a co-tenant encumber their interest in a joint tenancy or a tenancy in common?

A

Yes, but only their interest, not the interests of other co-tenants.

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15
Q

Does a mortgage on one joint tenant’s interest sever a joint tenancy?

A

No, but if the mortgage is foreclosed on, the foreclosure sale will.

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16
Q

May a co-tenant seek contribution from other co-tenants for repairs made to the property?

A

Yes, if she provides notice of the repairs.

17
Q

May a co-tenant seek contribution from other co-tenants for improvements made to the property?

A

No, unless there is a partition.

18
Q

May a co-tenant seek contribution from other co-tenants for taxes and mortgages on the property?

A

Yes, if they are for the whole property.

19
Q

At common law, a conveyance of property from O “to O and A as joint tenants with right of survivorship” creates a __________.

A

Tenancy in common because there are no four unities.

20
Q

Any tenant in common has a right to ________________, either in kind or by sale and division of the proceeds.

A

judicial partition.

21
Q

When co-tenants in common are squabbling and cannot come to an agreement, what remedy might a court employ?

A

partition of the land.

22
Q

What are the requirements for a common law joint tenancy?

A

time, title, interest, possession.

23
Q

What are the requirements for a joint tenancy under modern law?

A

a joint conveyance of property and rights of survivorship.

24
Q

In “lien theory” states, does a joint tenant’s mortgage sever the joint tenancy?

A

not by itself

25
Q

In “title theory” states, does a joint tenant’s mortgage sever a JT?

A

yes, because in title theory states a mortgage is considered a transfer of title, thereby terminating the JT.

26
Q

At what point is a joint tenancy severed when a cotenant contracts to convey her interest in the JT?

A

at the time of the execution. The execution of a conveyance of one’s interest in a JT severs at that moment.

27
Q

A sells house to B for $50,000. A gives B a general warranty deed. B later sells house to C for $75,000. B gives C a quit claim deed. C discovers title is not good. How much can C recover from whom?

A

C can recover $50,000 from A, because A made the sale purporting that title was good, and one which B relied.