Social Studies
Social Studies, 21.04.2020 20:09, lpslover26237

Ownership in severalty occurs when property is owned by one individual or corporation. The severalty owner has sole rights to the ownership and sole discretion to sell, will, lease, or otherwise transfer part or all of the ownership rights to another person or entity.

When a husband or wife owns property in severalty, state law may affect how ownership is held.

In Illinois: Sole ownership of property is quite common in Illinois, and title held in severalty presents no unique legal problems. However, when either a husband or a wife owns property in severalty, lenders, grantees, and title insurers in Illinois usually require that the spouse sign in order to release any potential homestead rights. This is true for both listing and sales contracts.

answer
Answers: 3

Other questions on the subject: Social Studies

image
Social Studies, 21.06.2019 22:30, Knownothing
What impact did improvements in farming technology near the end of the nineteenth century have on the american economy? a. more energy was needed to power equipment, creating the renewable energy industry. b. less labor was necessary on farms, leading workers to pursue other jobs. c. less money was invested in farming as many locally owned farms went bankrupt. d. more demand for agricultural products reduced the price of food and animal products.
Answers: 1
image
Social Studies, 22.06.2019 03:00, lydia1melton
Two police officers stopped a car for a minor traffic violation. while one of the officers dealt with the driver and the traffic violation, the other officer talked with the passenger. seeking to question the passenger about gang involvement, but lacking reasonable suspicions of criminal activity, the officer ordered the passenger out of the car. as the passenger exited the car, the officer saw a bulge in the passenger's coat which the officer suspected might be a gun. upon patting down the passenger, the officer felt the handle of a revolver and removed the gun. the passenger, who was a convicted felon, was charged with the possession of a gun by a prohibited possessor. prior to trial, the defendant sought to suppress the gun as evidence, contending that its seizure was unconstitutional. should the court suppress the gun as evidence? ayes, because, since the car had been stopped for a traffic violation, the officer could not order the passenger, who had not committed the violation, to exit the car. byes, because, since the officer lacked reasonable suspicion that the passenger was engaged in criminal activity, the officer could not pat down the passenger. cno, because a valid traffic stop gives an officer the right to pat down a passenger. dno, because the gun was discovered as a consequence of a valid terry stop and frisk.
Answers: 1
image
Social Studies, 22.06.2019 05:30, thechef129
Which three sentences in the story indicate that the passage is an ex nihilism type of creation story?
Answers: 1
image
Social Studies, 22.06.2019 16:00, nhs5
Are people more motivated to change from positive or negative experiences, like slavery, womens rights, and any other historical movements/moments? i need more factual information than opinions.
Answers: 1
Do you know the correct answer?
Ownership in severalty occurs when property is owned by one individual or corporation. The severalty...

Questions in other subjects:

Konu
Mathematics, 11.11.2019 11:31
Konu
Mathematics, 11.11.2019 11:31
Konu
Mathematics, 11.11.2019 11:31
Konu
Mathematics, 11.11.2019 11:31