Sentences with phrase «joint ownership interest»

Freddie Mac's 97 % financing product is open to repeat buyers, as long as the borrower does not have «any individual or joint ownership interest in any other residential properties» at the time of purchase.

Freddie Mac's 97 % financing product is open to repeat buyers, as long as the borrower does not have «any individual or joint ownership interest in any other residential properties» at the time of purchase.

Not exact matches

Its major interests include ownership of 15 daily and 38 weekly newspapers, including the Houston Chronicle, San Francisco Chronicle and Albany Times Union; as well as interests in an additional 43 daily and 74 non-daily newspapers owned by MediaNews Group, which include the Denver Post and Salt Lake Tribune; nearly 200 magazines around the world, including Good Housekeeping, Cosmopolitan and O, The Oprah Magazine; 29 television stations, which reach a combined 18 % of U.S. viewers; ownership in leading cable networks, including Lifetime, A&E, History and ESPN; as well as business publishing, including a minority joint venture interest in Fitch Ratings; Internet businesses, television production, newspaper features distribution and real estate.

This means that, when one of the joint tenants dies, his ownership interest automatically gets divided between the surviving owners.

Joint Tenancy: A form of ownership under which owners have equal interest in the property and may sell their interest to whomever they choose.

form of joint ownership of an asset in which ownership can be unequal and one owner's interest can be sold, mortgaged, or willed without the consent of the remaining owner (s); there is no ability to name a beneficiary, so interest in these assets will always fall under the deceased owner's will

HCP owns over 500 senior housing facilities and has interests in over 300 nursing facilities, as well as ownership in many unconsolidated joint ventures.

The owner and joint owner (if any) agree to be jointly and severally liable for negative balances on any accounts in which either or both owners have an ownership interest, including any overdrafts, regardless of the cause, and agree to immediately deposit sufficient funds to cover the negative amount of the overdraft.

I have been interested to learn a bit lately about why law firms evolved as they did, noting the degree to which joint ownership of libraries, including case law and subscriptions, may have been a factor.

There is no presumption of joint beneficial ownership and it must first be decided whether it was intended that the non-owning party had any beneficial interest at all.

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»).

No, you need to use a Survivorship Deed to transfer rights of survivorship, where the parties will hold the property as joint tenants, with the survivor taking a fee simple interest (complete ownership) in the property upon the death of the other party.

On the other hand, in respect to the real estate that was also put into joint names as joint tenancy because the husband indicated on the transfer of ownership to he and his wife that it was being done for «natural love and affection» (to avoid land transfer tax among other things) the wife retained her 50 % ownership interest of the real estate.

For real property, the joint ownership can be joint tenancy, which passes to the survivor on the death of one of the joint owners; or it can be held jointly as tenants in common, which means that on the death of one of the joint owners his or her undivided one - half of the interest is part of the estate of the deceased co-owner.

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.

The current sponsor, a joint venture between Highgate Hotels and real estate private equity firm Rockpoint Group, will retain the remaining 65 percent ownership interest in the hotel and retail.

The company also announced an agreement to acquire the 49 percent ownership interest in GGP Ivanhoe III currently held by joint venture partner Ivanhoe Cambridge, thereby increasing its ownership interest to a full 100 percent.

As part of its exit, Cedar will acquire RioCan's 80 percent ownership interest in Franklin Village shopping center in Franklin, Mass. for $ 60.1 million, including the assumption of an in - place $ 34.7 million mortgage; sell its 20 percent ownership interest in the remaining 21 properties for approximately $ 119.5 million, including in - place financings of $ 54.4 million and receive approximately $ 39 million in cash, as well as the distribution of its share of working capital in the joint venture.

DDR Corp. has acquired its joint venture partner's 50 percent ownership interest in two high quality prime power centers located in Portland, Oregon and Phoenix for $ 70 million.

A joint venture between global property development and investment firm Tishman Speyer and a large pension fund has completed the acquisition of majority ownership interests in a high - quality, diversified portfolio of 16 U.S. office properties...

In addition, Federal Realty has an ownership interest in approximately 1 million sq. ft. of retail space through a joint venture.

Of the 105 joint venture communities, 37 have purchase options that are exercisable in 2013, 13 have purchase options that are exercisable in 2014, and 21 are subject to open buy / sell rights that could result in Health Care REIT acquiring a 100 percent ownership interest.

The equity contributions will be funded proportionately by the joint venture partners based upon their respective ownership interests in the venture.

Kimco Realty Corp. increased its ownership interest in Kimco - UBS (KUBS) joint venture to 33 percent.

Martin: We are very excited about the pending $ 1.2 billion CCRC joint venture with Brookdale, which is projected to be immediately accretive to our FAD (funds available for distribution) with our 49 % ownership interest.

The most common form of ownership, where more than one person owns an interest in Florida real estate, is called a «joint tenancy» and it is one of three kinds of ownership possible in Florida (the other two are «tenancy in common» and «tenancy by the entireties.»)

Taubman TCBL and Beijing Wangfujing Department Store Co., one of China's largest department store chains, formed a joint venture for the ownership of a controlling interest in and management of a shopping center to be located at Xi'an Saigao City...

Under the plan, Simon, Rouse and Westfield will acquire the remaining ownership interests in their respective joint ventures with Rodamco.

Four unities are required to create a joint tenancy: 1) Time: all joint tenants must obtain their interest at one time; 2) Title: all must obtain their interest by the same document; 3) Interest — each joint tenant has an equal share in ownership; 4) Possession: each joint tenant has an equal right of posinterest at one time; 2) Title: all must obtain their interest by the same document; 3) Interest — each joint tenant has an equal share in ownership; 4) Possession: each joint tenant has an equal right of posinterest by the same document; 3) Interest — each joint tenant has an equal share in ownership; 4) Possession: each joint tenant has an equal right of posInterest — each joint tenant has an equal share in ownership; 4) Possession: each joint tenant has an equal right of possession.

No joint tenant can sell his or her ownership interest without terminating the joint tenancy.