Concurrent Ownership Flashcards

1
Q

Litigation: cotenant rights and duties

A
  • Contribution action : cotenant seeks reimbursement from other cotenants for certain expenses she has paid for the operation or maintenance of the property
  • Accounting action: cotenant seeks to obtain her share of the rents or profits that the property has generated
  • Partition action: cotenant seeks to both partition the property and have the court settle the financial affairs of the cotenants.
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2
Q

Esteves v. Esteves

A

When on a finalaccounting following sale, the tenant who had been in sole possession of the property demands contribution toward operating and maintenance expenses from his co-owner, fairness and equity dictate that the one seeking that contribution allow a corresponding credit for the value of his sole occupancy of the premises

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3
Q
A
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