Sentences with phrase «joint ownership»

"Joint ownership" refers to a situation where two or more individuals or parties share ownership or control over a particular asset, property, or entity. It means that multiple people have equal or predetermined shares in the ownership, and they all have rights and responsibilities related to that particular item or entity. Full definition
So this type of joint ownership of property with a spouse, child, or anyone else will allow that particular asset to bypass probate.
There is no question in the mind of the writer that the two companies operated in a tight partnership, with joint ownership and management of assets.
Is there any guidance for allowing two authors to claim joint ownership for the same piece of content?
In this connection please intimate Section / Rule / Order under which joint ownership can be acceptable.
Joint ownership by individuals who are not married to one another is not permitted.
While there may be instances where joint ownership does make good sense, doing it simply to avoid probate is a fool's game.
A form of joint ownership involving two or more persons.
So while there may be instances where joint ownership does make good sense, doing it simply to avoid probate is a fool's game.
If necessary, we can even come to an agreement on joint ownership of the stored collections.
Joint ownership offers numerous benefits, but there are underlying issues to take into account.
Some allow for joint ownership while others must be purchased individually.
At this point there's no way to display joint ownership of content.
Otherwise, Indonesian marriage law assumes joint ownership of property.
Joint ownership by individuals who are not married to one another is not permitted.
The assumption of joint ownership of property, however, can be a drawback.
Together with partners, it develops an infrastructure for joint oversight, accountability, and service delivery that speak to joint ownership for the success of students, family and community.
Certificates of Title issued in Joint Ownership where the names are separated with the words AND or AND / OR, do not carry the same meaning as With Rights Of Survivorship.
She has extensive experience in negotiating acquisitions and dispositions of electric generation facilities, construction and operations and maintenance contracting, joint ownership arrangements for large electric generation projects, and power purchase and hedging arrangements.
Additionally, Fannie Mae considers displaced homemakers or single parents as first - time home buyers if they had no ownership interest in a principal residence (aside from joint ownership interest with their spouse) during this preceding three - year time period.
Putting your non-marital property into joint ownership with your spouse may also be considered as a gift to the marriage.
Vancouver Joint Ownership Excluded Property lawyers at MacLean Law can help you navigate this complex area of family law.
The Vancouver Joint Ownership Excluded Property lawyers at MacLean Law can help you navigate this complex area of family law.
More often than not, it is imprudent for divorcing spouses to continue joint ownership in a family business post-divorce, due to the likelihood of future disputes.
Perhaps you jointly own everything else, but there is no such thing as joint ownership of an IRA.
A spouse can convert separate property into marital property by changing title from individual to joint ownership during the marriage, in which case a court would presume that the spouse intended to make a gift of the property to the marriage, and will treat the property as jointly owned.
He never divorced his wife, and he retained joint ownership of the property with her.
Vincor Canada (publicly held, and owned by Constellation Brands, United States) As show dogs go, Vincor's portfolio has some of our best, including joint ownership of Ontario's Le Clos Jordanne (with Boisset) and B.C.'s Osoyoos Larose (with Group Taillan of Bordeaux, France).
His representation includes negotiating and drafting project agreements such as: construction, operation and maintenance and joint ownership agreements; the terms and conditions of FERC electric and gas tariffs; undivided ownership interests; precedent agreements and transportation contracts; and interconnection agreements.
Conservative critics say the decision, which split between three Democrats and two Republicans, was imbalanced and overturned decades of legal precedent about joint ownership.
The Old Trafford side have launched a # 15m bid for Argentine defender Marcos Rojo, the 24 year old being able to fill both central and left - back roles, but the deal could prove complicated given the player's joint ownership issues.
In this situation, sometimes joint ownership solves otherwise intractable coordination problems.
We may begin to see the collaborative model employed more by males, thus enabling joint ownership, with increased societal effectiveness because of a greater commitment to this mutuality by both the female and the male.
The village wants joint ownership of the site because it uses the wetlands for flood control, making an intergovernmental agreement with the park district necessary.
In 1956, Alaska ratified a constitution recognizing joint ownership of unoccupied land and natural resources.
KINGSTON, N.Y. >> Mayor Steve Noble is pleased that Kingston school district voters this week gave the district permission to negotiate ending joint ownership of Dietz Stadium.
It's not always like that, to feel like you have a kind of joint ownership over what you're doing.»
Last year, HMV (LSE: HMV) Group took joint ownership of aNobii, a soon - to - relaunch digital books discovery and retail service backed by publishers.
Dear Binod, Joint holder is nothing but joint ownership.
When family members, spouses, associates, friends or any individuals purchase a property together, this is called Joint Ownership of Property.
As JBentley points out, there have been court cases where domestic partners contributing to household expenses while the other partner paid the mortgage have later been able to claim that this implied joint ownership.
In the last three years utilities and wind generators have brought controversial cases to the Maine Public Utilities Commission and the Maine Supreme Judicial Court, because the companies sought to do enter «affiliated interest» relationships, in which companies held by joint ownership sought to partner on generation projects requiring expensive transmission expenditures for delivery of the power.
A court may presume that a spouse who changed the title on a home from individual to joint ownership intended to make a gift of the home to the marriage.
This can be a legally binding contract that stipulates ownership or joint ownership at the time of purchase.
She specialises in advising clients on the design, implementation and compliance of UK and global employee incentive arrangements including long term incentive plans, all - employee share plans, HMRC tax - advantaged plans, management incentive plans and growth share and joint ownership plans.
In the absence of such an agreement, the statutory matrimonial property regime applies, meaning joint ownership of all assets acquired during the marriage, regardless of the name under which they are held, but only if they were acquired by means of a joint contribution by both spouses.
In Stack despite joint ownership and the starting point of a 50/50 split, the property was divided on a 65/35 basis.
Joint ownership disputes (e.g., partnerships, LLCs, cotenants and other disputes between participants within an ownership group)
actually we own the deed to the land we don't own title, deed is joint ownership title is ownership..
Estate tax planning should not be overlooked because there are many techniques available to reduce estate taxes, such as holding assets in joint ownership, establishing testamentary trusts, and the purchasing of permanent insurance policies to cover estate income taxes.
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