Concurrent Estates - Concurrent Ownership - Co-ownership

Bar preparation video on the topic of Concurrent Estates (Real Property Law).

Пікірлер: 25

  • @Raiderstarrunner
    @Raiderstarrunner7 жыл бұрын

    This is genius. You just summed up about 2 hours of bar lectures in about 15 minutes. Bravo!

  • @carolsteele5811
    @carolsteele58114 жыл бұрын

    The tone of his voice, the speed and pictures gave me the ability to stay focused and receive a lot of information in a short period of time. This was very helpful 🙂

  • @shinaward4976

    @shinaward4976

    Жыл бұрын

    You and me both

  • @ricordde4098
    @ricordde40982 ай бұрын

    Concise and clear! Nice video! Love from OUC❤❤❤

  • @dishakumar9396
    @dishakumar93968 жыл бұрын

    Wow! You make property law so easy! I really needed this to get all the concepts down for the upcoming bar exam!! Thank you!!

  • @user-pg8xw7kt1n

    @user-pg8xw7kt1n

    8 жыл бұрын

    +Disha Kumar Thank you! Good luck with your bar studies.

  • @SnackinQueen
    @SnackinQueen8 жыл бұрын

    Great video. This makes it so much easier to understand. Thank you!

  • @MsGio1221
    @MsGio12218 жыл бұрын

    These videos are great!! Thank you so much for posting them! :)

  • @missalishanicole5840
    @missalishanicole58403 ай бұрын

    Thank you!!!! So simple and concise. A national treasure!🥰

  • @nicoleh.6352
    @nicoleh.63525 жыл бұрын

    I have been struggling with this concept in Real Estate class... This really helped..

  • @digiovanniangele9238
    @digiovanniangele92387 жыл бұрын

    Thanks for all your great videos !!

  • @ramyhijazi9112
    @ramyhijazi91128 жыл бұрын

    Thank you for all your videos and explanations. They are great help and very clear!

  • @user-pg8xw7kt1n

    @user-pg8xw7kt1n

    8 жыл бұрын

    +Ramy Hijazi Thank you for the high compliment. You are very welcome!

  • @stockman214
    @stockman2146 жыл бұрын

    these videos are fantastic. life savers!!

  • @ericawang7595
    @ericawang7595 Жыл бұрын

    This is a great video! Thank you so much for producing it. Very helpful.

  • @timothystarks5053
    @timothystarks50533 жыл бұрын

    Man you're good...very simple and plainly explained...wow...

  • @kelsey1728
    @kelsey1728Ай бұрын

    This is great! Thank you!

  • @7somekindofsomething
    @7somekindofsomething7 жыл бұрын

    Great. Thank you

  • @stevend9464
    @stevend94643 жыл бұрын

    Wow this was amazing! I am subbing

  • @realestateshi2084
    @realestateshi20849 жыл бұрын

    please post more!!!!

  • @ragmondead
    @ragmondead5 жыл бұрын

    honestly, Property is by far my worst subject as I am using Barbri and their CEO is fucking garbage at lecturing. These videos are life savers.

  • @tenton2000k
    @tenton2000k9 жыл бұрын

    I usually have questions when I am confused about a problem in my book. This time I have a different but albeit related question. At 9:12 you said that a bank could not take the house if one of the spouse is in debt but the other spouse did not consent to it. But how come we see on the news constantly (especially in today's economy) about foreclosures and people losing their houses. Can you "not" lose your house simply by having a tenancy by entirety and this tenancy is something that people do not know about? Or is there more law beyond this that is not covered here.

  • @user-pg8xw7kt1n

    @user-pg8xw7kt1n

    9 жыл бұрын

    At 9:08 it states that, “[…] the property is protected from the debt of the other spouse.” Thus, these words are not referring to joint debt but instead the debt which is specific to only one spouse (i.e. individual debt). If the debt is specific to only one spouse, then a creditor cannot take (a.k.a. “look to”) the real property which is held by a tenancy by the entirety. Note however that it is uncommon for a married couple to have individual debts; they usually have joint debt. Further, the majority of foreclosures involve lienholders (or creditors) whose loans are secured by real property. As it pertains to a married couple, this means that both spouses had to authorize a lien (i.e. each spouse gives consent for the bank to take the real property if there is a default) before the lienholder would give them a loan to buy the real property. To reiterate, married couples normally have joint debt instead of individual debt, and since no bank would give a loan to buy real property without the power to foreclose in the event of a default, the frequency of foreclosure will be unaffected by the tenancy by the entirety; especially since the tenancy by the entirety only exists in less than half of the states.

  • @yiminxiong7436
    @yiminxiong74368 жыл бұрын

    I have a question here , the lake example in the video says that if the cotenant cannot use the lake it will not create a joint tenant but a tenancy in common, however, a tenancy in common also requires the right to use the whole. So how come?

  • @user-pg8xw7kt1n

    @user-pg8xw7kt1n

    8 жыл бұрын

    Thank you for your question. At minute 4:08, it states that other concurrent estates can alter the right to use the whole except for the joint tenancy because of the unity of possession. Therefore, while the tenancy in common by default has the right to use the whole, it can still be altered so that it is not included. The language in the lake example that you refer to at minute 4:16 restricts the right to use the whole which is acceptable for a tenancy in common but not acceptable for a joint tenancy.