Podcast
Questions and Answers
Every joint tenant is entitled to every part of the co-owned ______.
Every joint tenant is entitled to every part of the co-owned ______.
land
The interest held must be the same in extent, nature and ______.
The interest held must be the same in extent, nature and ______.
duration
Unity of ______ Each joint tenant must take his/her title from the same source, e.g. the same grant of a tenancy.
Unity of ______ Each joint tenant must take his/her title from the same source, e.g. the same grant of a tenancy.
title
The interest of each joint tenant must start at the same ______.
The interest of each joint tenant must start at the same ______.
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There are ______ unities in total that are required for a joint tenancy.
There are ______ unities in total that are required for a joint tenancy.
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Study Notes
Characteristics of Joint Tenancy
- In joint tenancy, each joint tenant has an undivided interest in the entire property, with equal rights to every part of the land.
- Joint tenants have the same extent, nature, and duration of interest in the property, meaning they have identical shares and rights.
The Four Unities
- Unity of Title: Joint tenants must derive their title from the same source, such as the same grant or deed.
- Unity of Time: The interest of each joint tenant must commence at the same time, although there may be exceptions to this rule.
- Unity of Possession: Each joint tenant is entitled to possess every part of the property, with no individual having exclusive rights to a specific portion.
- Unity of Interest: Joint tenants have the same rights and interests in the property, with no distinction or variation in their shares.
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Description
Test your knowledge of the four essential unities required for joint tenancy: unity of possession, unity of interest, unity of title, and unity of time. Understand the concept of joint ownership and its implications.
