Examlex
Form utility is created by converting raw materials, people, finances, and information into finished products.
Tenancy in Common
A form of co-ownership where each owner possesses a specific fraction of the property and can transfer their share independently.
Joint Tenancy
A form of property ownership where two or more individuals hold equal ownership rights and where the survivor(s) inherit(s) the other's share automatically upon death.
Obligation
A legal or moral duty to do or not do something, typically enforceable through legal mechanisms.
Noisy Tenants
Tenants who cause a disturbance by making excessive noise, leading to complaints from other residents or neighbors.
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