Sentences with phrase «joint legal ownership»

Just as the starting point where there is sole legal ownership is sole beneficial ownership, the starting point for joint legal ownership is joint beneficial ownership, so that the property is held in equal shares.

The crucial question at the heart of this particular case was whether, following Mr Kernott's departure from 39 Badger Hall Avenue, an intention between the parties could be found which would rebut the presumption of joint beneficial ownership (which presumption generally arises where there is joint legal ownership and no express declaration of trust that the co-owners should own in anything other than equal shares).

Not exact matches

Conservative critics say the decision, which split between three Democrats and two Republicans, was imbalanced and overturned decades of legal precedent about joint ownership.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

[Note: See Mark's comment in response to Earl about the concept of legal and beneficial ownership in the context of joint ownership with a right of survivorship.

To add a joint tenant to your fund account registration, which will change the legal ownership of your shares, provide the following:

In a joint names case, the onus is on the person seeking to show that the beneficial ownership is different from the legal ownership.

Some of the terminology is unnecessarily legalese («you hereby assign to us joint ownership») and there are too many of those bump bump bump noises that synonyms make when bouncing down the legal staircase («you keep all right, title, and interest» «assignment is or becomes invalid, ineffective or unenforceable»).

Getting married has many legal ramifications, including the joint ownership of assets accumulated after the marriage.

The exact line The second point is from s118 (2)(a) of LRR 2003, ie «the exact line» the OS and Land Registry have produced in a joint statement a definition of the legal boundary as: «The precise separation of ownership of land.

One example of this would be if a Mediator with little or no legal background were to mediate a divorce in which joint ownership of property was an issue.

A legal relationship and method referencing the ownership of real property by which one person mutually holds legal title to property with other persons in such a way that when one of the joint owners dies, the remaining party (s) owns an undivided interest in the entire property; more legally referred to as Tenancy in Common with rights of survivorship.