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n. A legal fiction left over from common law-a creation of a unity for joint tenancy or ownership. The four unities are interest, possession, time, and title.See also joint tenancy.@ unity of interestRequires that each and every joint tenant's interests are identical in kind, breadth, and time.@ unity of possessionThe necessity that each joint tenant must be entitled to possess the whole property in its entirety.@ unity of timeThe necessity that all joint tenants' individual interests must vest simultaneously.@ unity of titleRequires that all joint tenants acquire their interests by means of a single document.@
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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In real property law, the four characteristics that are peculiar to property owned by several individuals as joint tenants.
Dictionary from West's Encyclopedia of American Law. 2005.
- unities
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In real property law, the four characteristics that are peculiar to property owned by several individuals as joint tenants.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.