Concurrent Estates Flashcards
How can you create a joint tenancy with the right of survivorship?
Requires the 4 unities:
- JTs must take at the SAME TIME
- By the SAME TITLE
- Possess IDENTICAL INTERESTS
- With IDENTICAL RIGHTS to possess the whole
How can a person sever a joint tenancy?
Sale of their interest (even secretly)
Partition of the land (by voluntary agreement, partition in kind, or forced sale)
Mortgage: (1) Lien theory = not sever
(2) Title theory = will sever
What are the general rules for tenants in common?
Two or more people hold the property without the right to survivorship
Each tenant owns an individual part and each has the right to possess the whole
Their interest is divisible, descendible and alienable
When must a co-tenant contribute towards the cost of repairs?
They must receive NOTICE
Repairs must also have been reasonable and necessary
Can a co-tenant recover from the other costs of improvement works?
No. At partition of the land, the improver can get the increased value as a result of the value they added.
What is a tenancy for years?
Lease for a fixed, determined period of time. The lease will state the date on which it ends. Therefore no notice is required to terminate it because it’s clear from when it starts.
If a tenancy for years has a duration of more than one year, what must the parties do?
Commit this to writing to ensure it satisfies the SoFs.
What is a periodic tenancy?
A lease which continues in successive intervals (year-to-year or week-to-week) until a party gives notice of termination. Otherwise it’s continuous.
If land is leased without mention of the duration, what type of tenancy can usually be assumed?
A periodic tenancy
How much notice does a party need to give to terminate a periodic tenancy?
Notice equal to the period of tenancy.
Unless it’s a year-to-year tenancy = 6 month’s notice
What is a tenancy at will?
It does not have a fixed duration, but it must be expressly stated as one
When might a tenancy at sufferance occur?
This happens when the T wrongfully remains in possession of the property after the expiration of their lease.
If a visitor injuries themselves whilst visiting a T’s home, is the tenant or landlord liable under tort?
T liable to the injured party, but may be able to seek indemnification from L.
What repairs must the tenant carry out during their tenancy?
Basic maintenance and routine repairs, other than those due to ordinary wear and tear.
If a tenant instals a fixture on the property, can be remove it when his tenancy is up?
T can remove a chattel as long as removable won’t substantially harm the premises, otherwise he will be liable for voluntary waste.