10:38
holy fuck lsac ceo is a woman who was a dean at CUNY law
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
several tenancy
Read a random definition: privatum
A quick definition of several tenancy:
Several tenancy refers to the possession or occupancy of land or property by one person, without any joint ownership with another person. It can be held under a lease or by right of ownership through a deed or will. This type of tenancy is separate and distinct from any other ownership interests in the property.A more thorough explanation:
Several tenancy refers to a type of tenancy where a person holds possession of a property separately and not jointly with another person. It is a form of possession or occupancy of land under a lease or a conveying instrument such as a deed or will.
- John and Mary own a property as tenants in common. John sells his share to Peter, who now owns the property with Mary as several tenants.
- Tom leases a commercial space from a landlord for a fixed term of five years. He has several tenancy rights to the property during the lease period.
These examples illustrate that in several tenancy, each person has a separate and distinct right to possess the property, and their interests are not tied to each other.