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If one Tenant in Common owns the majority interest in the real property does he or she have complete control in selling it?
Wiki User
∙ 15y ago
No. The co-tenant cannot sell the property without your approval. Your signature will be required on any deed of sale of the property. If you don't want to sell, you may need to buy the interest of the co-tenant.
Wiki User
∙ 15y ago
No, if the property is held as tenants in common, all co-owners have an equal right to possess and use the property. However, if one co-owner wants to sell, they can do so by initiating a partition action, which may result in the property being sold and the proceeds divided among the owners.
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What is the benefit of investing?
The benefit of direct investment is to gain control over a company. To do this one needs to gain the majority of the controlling interest or a big portion of the minority interest.
What is meant by the term control company?
A control company is a company where a majority of the voting shares are held by another company. Usually, the company has an interest in taking over another company.
What is undivided fee simple interest?
Fee simple absolute is the way we describe the complete and total ownership of real property. The owner in fee simple absolute has the right to full possession and control of the property and the property will pass to the owner's heirs upon death according to the terms of their will or according to the laws of intestacy if there is no will. Generally the conveyance of real estate by a deed conveys fee simple absolute. Generally, when we speak of "fee simple" we are referring to fee simple absolute. An undivided interest in property means that two or more persons own the real estate and each has the right to the use and possession of the entire property even if they own only a one-half undivided interest. Each has a 50% interest in the fee.
What is the benefit of direct investment?
The benefit of direct investment is to gain control over a company. To do this one needs to gain the majority of the controlling interest or a big portion of the minority interest.
Can a property given in gift deed reclaimed by the grantor?
Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.Real property transferred by deed cannot be "reclaimed" unless there were conditions mentioned in the deed that would trigger a reverter if not met and those conditions were not met. If the property was simply transferred to a new owner with no restrictions the former owner no longer has any interest in the property not any control over it.
Does the majority have the right to control majoritywould you join the protest?
Yes the majority does have the right to control the majority. That is what government is. If there was no government control of anything, we'd have anarchy and the world would be a terrible place to live in.
Can you insure someone else's financed car?
No. Insurance cannot be obtained on property which the policy holder has no vested interest or ability to control.
Can animal control put a lien in the property?
what do you mean by property? But a lien can go in animal control.
Is it illegal to videotape in Wet Seal?
There are no universal laws prohibiting filming in Wet Seal stores. However, individual store policies may vary, so it's best to check with the store's management before recording. Additionally, recording without permission in a private establishment may violate privacy laws in some jurisdictions.
When was Complete Control created?
Complete Control was created on 1977-09-23.
What property does the owner of a condo control?
Read your governing documents to determine what you own and can therefore control personally, and what real estate assets you own in common with all other unit owners. The boundaries can be defined as 'the paint', 'the studs', and so forth. As a member of the condominium community, you have a percentage say in control of 100% of the property based on your allocate interest, which is also defined for your unit in your governing documents.
When was Complete Control Sessions created?
Complete Control Sessions was created on 2007-03-13.
