Concurrent Ownership Flashcards
a) Tenancy in Common:
undivided (right to use whole prop), fractional interest; no right of survivorship; default
i) Right to occupy w/o rent?
(1) CL rule: TinC who occupies more than share of common premises not liable because of such occupancy alone for rent or for use/occupation
(2) Basilides:
TinC who occupies more than his part of prop cannot reap financial benefit from other tenants’ renting their portions out w/o paying for his personal use of that part of the prop owned by cotenants
(a) rationale: since Big House could’ve been rented out, ∆ should pay the profits the BH could have made
(i) counter: should have partitioned prop; ∆ as cotenant should have a right not to rent; πs should have just moved into Big House
b) Joint Tenancy:
right of survivorship; equal interest (4 unities: time, title, interest, possession) (PITT)
Taylor
transferring interest (or portion) destroys JT--> becomes TinC (1) partition (or selling then dividing proceeds) destroys TinC and JT
c) Tenancy by the Entirety:
for married; cannot be severed by creditors (as opposed to other types)
i) differs from JT in that prop cannot be severed/transferred by one party. Also, cannot be partitioned
ii) Gender-based rights (doctrine of coverture)
(1) Robinson: abolished doctrine of coverture in TN; wife had joint right to use, control, and rents of prop; unable to sell w/o consent of other tenant
2) Condos and Common areas
a) condos consist of ownership in fee simple of the unit and ownership as TinC for common areas
b) Liability for common areas?
i) Dutcher: liability co-owner when (vicarious) liability arises from common areas is not under the traditional joint and several liability regime, but is limited to co-owner’s proportional ownership
(1) F: negl’c w/ respect to fixture in common areas caused fire; ∆ sued co-owner w/ only 1.572% pro rata undivided interest trying to get full damages under J/S lialia limited to 1.572% of damages
Partition
in kind (separate parcel physically btwn co-tenants) or by sale
(1) Giles v. Sheridan – NE (1965) “Split Duplex”
(a) F: Joint tenancy on duplex between P and married couple (Ds); P deeds 1/20th of her estate to her nephew, destroying the joint tenancy; P paid off mortgage, sues for comp from Ds
(b) H: Ct. determines that this was joint tenancy between 3 people (instead of two) – thus Ds owe 2/3 of the mortgage to P
(i) Becomes tenancy in common between P and nephew
(ii) Joint tenancy in 2/3 of the condo remains between married Ds