Examlex
The term democracy literally means
Joint Tenants
Joint Tenancy is a form of co-ownership where property is owned by two or more parties with equal rights and upon the death of one, the property automatically passes to the surviving joint tenant(s).
Right of Survivorship
refers to a legal principle that, upon the death of one joint owner, their interest in certain types of property automatically passes to the surviving joint owner(s).
Sells Interest
The act of transferring one's ownership stake or financial interest in an entity or asset to another party.
Zoning Variance
Permission granted by a local government allowing a property to be used in a way that deviates from the strict application of zoning laws.
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