Unities– In common law, unities are the four conditions required to create and maintain joint tenancy. They are time, title, interest, and possession.
Title- all joint tenants must obtain their interest from the same document.
Time– all joint tenants must receive their interests at the same time.
Possession– each interest is an undivided interest in the whole of the property.
Interest– all joint tenants must have the same interest (extent, nature, duration) in the land.
Next word: Usury Rate