Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

time unity

Read a random definition: Court of Military Review

A quick definition of time unity:

Time unity is a rule that says if people own something together, they all have to start owning it at the same time. For example, if three friends buy a car together, they all have to start owning it on the same day. This is one of four rules that make up joint tenancy, which is a way of owning property together.

A more thorough explanation:

Definition: Time unity refers to the requirement that all joint tenants' interests must vest at the same time.

Time unity is one of the four unities required for the creation of a joint tenancy, which is a type of co-ownership of property. The other three unities are interest, possession, and title.

For example, if three people inherit a property and want to hold it as joint tenants, they must all inherit their interests at the same time. If one person inherits their interest a year later than the other two, they cannot hold the property as joint tenants.

Time unity ensures that all joint tenants have an equal and simultaneous interest in the property. This helps to prevent disputes and confusion over ownership rights.

time-shifting | time value

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
haha suckers!!!!!!!!!!!!!!!!!
20:38
prolly have a lil family and hobbies what loosers
hahah losers like what? you travel? have a life? not me, i'm reading every line of a contract while my seniors go play golf and enjoy like hahaha suckers
20:40
yea inverse perspective, what is fun is not fun and what is not fun is fun
20:40
you get it.
i wanna be able to travel a ton too
my ex just posted a harry potter related joke i think i dodged a bullet
20:41
Im only going to law school to recruit members for the revolution
20:41
nice where u wanna go? yea bullet dodged fr
can we join even if we're not at ur school
20:44
yeah but youd be in a different chapter
20:44
are we revolting against people who do not use their signal whilst driving?
20:44
We’re revolting against the man, man
20:45
Power does not flow from the sleeve of a judges robe to paraphrase
fuck yeah i'm down
MrThickRopes
20:46
uhhh
MrThickRopes
20:46
Yeeeeaahh
MrThickRopes
20:46
PUT DA BEAT ON BRUH
20:48
Aight yall can join but I call dibs on being assassinated
MrThickRopes
20:49
Unc unc unc unc unc
MrThickRopes
20:49
Up in da club
MrThickRopes
20:49
Up in da club uns uns uns uns uns uns
the unction
20:55
just got a DUI while drinkin an NA beer in my car
20:55
someone help is some1 a hoya lowya here?!
MrThickRopes
21:03
Yoooo wtf
21:03
jk ropes but I do got ops fr
MrThickRopes
21:12
Me too bruh they praying on my downfall fr
21:19
bruh i got ppl tryna make my head a brain smoothie
21:19
serve me with some margarita mix and agave sweetener and summ
LSD+ is ad-free, with DMs, discounts, case briefs & more.