In Nova Scotia, there are two main ways in which title of a property can be held: joint tenants and tenants in common.
In a joint tenancy, each owner has an undivided interest in the whole which comes with a right of survivorship. What this means is that when one joint tenant passes away, their interest in the property is absorbed by the surviving joint tenant(s). The last surviving joint tenant owns the property in its entirety. This is the most common form of ownership between couples with respect to the family home for example.
Tenants in common ownership specifies the proportion of the property that each owner owns. Any division or percentages of ownership are acceptable. In this case, when a tenants in common owner passes away, their share falls into their estate and is ultimately inherited by their beneficiaries. This form of ownership is commonly used for business partners and often for family cottages that have been passed down to the next generations, so they can continue to inherit proportionally to their parents’ shares.
If you require further information concerning joint tenant and tenants in common, please do not hesitate to contact a lawyer on our real estate team.
Canadian trademark practice is evolving every year due to technological advancements in brand marketing and changes in the law itself, whether through legislative amendments to the Trademarks Act or as a result of new judicial interpretations.
When you sue someone for copying your original work of art, music, drama or fiction without your permission, it’s often difficult, time consuming and very costly to calculate and prove the full amount of your financial losses.
During the last century, composers, musicians and their copyright lawyers held a traditional belief and legal understanding that copyright infringement lawsuits related only to stolen lyrics and copied melodies, but not for more abstract compositional elements.