Concurrent Estates Flashcards

1
Q

What are the 4 unities?

A

Time, acquired at the same time

Title, created in the same document

Interest, same shares in the estate, equal in size and duration

Possession, must allow equal possession

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2
Q

How would a joint tenant deliberately sever their tenancy in common?

A

By alienating some or all of their interest or by joint tenants agreeing to sever

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3
Q

How would a joint tenant unintentionally sever their tenancy in common? (Traditional rule)

A

One of the tenants does something that destroys one of the four unities

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4
Q

How would a joint tenant unintentionally sever their tenancy in common? (Modern rule)

A

No severance under modern trend when one of the 4 unitys is destroyed unless one or more of the joint tenants desire to terminate the joint tenancy

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5
Q

Under the modern rule for concurrent estates, how do the courts handle ambiguous intent?

A

Considers the intent of the grantor based on the wording in the four corners of the document.

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