Examlex
Masco is the name of a well-recognized company in the construction industry.It produces cabinetry,furniture,lighting,and plumbing fixtures for the upper-end homeowner and builder.One of the divisions of Masco is the Delta Faucet Company,which is the leader in the faucet industry.Delta Faucet was founded in 1955.Over the decades,it has developed a legacy based on well-crafted,high-quality products.Since the 1970s,Delta has focused its energies on building loyalty with the builder marketplace.Research in 2007 showed that while builders respect the Delta faucet for its quality,durability,and dependability,household consumers were not enamoured with Delta products.Due to the number of new magazines and television programs devoted to home style,homeowners wanted faucets that were chic and stylish.This was not the image of the Delta Faucet.To change its image,Delta Faucet began a marketing program in which it committed itself to developing new products to appeal to homeowners.It adopted a new slogan,"Beautifully Engineered."
-Refer to Delta Faucet Company.What is the Delta Faucet Company?
Tenancy In Common
A form of real estate ownership where two or more individuals possess property simultaneously, with each holding an undivided interest in the property.
Joint Tenancy
A legal arrangement where two or more individuals hold property jointly, with equal rights and privileges.
Tenancy By The Entirety
A form of joint property ownership available only to married couples, where each owns the entire property, and upon one's death, the survivor automatically owns the property outright.
Life Tenant
A person who has the right to use and benefit from property during their lifetime but cannot bequeath it, as the property reverts to another on their death.
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