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Frequently Asked Questions

What does 'in survivorship' mean, and must survivorship property be reported to the Probate Court?

City of Meriden: FAQ
The placing of a savings account, shares of corporate stock, bonds, or real estate 'in survivorship' with another means that each of the named parties has an undivided equal interest in the monies, stocks, bonds, or real estate during their joint lives. This form of ownership grants to the joint owner(s) who survives, ownership of all of the monies, stocks, bonds, or real estate immediately upon the death of the joint owner.

What is Joint and Survivorship property?

Probate Court of Cuyahoga County, Ohio - FAQs
Joint and survivorship property is property held by two or more persons jointly; each party has equal rights of possession and income. On the death of one joint tenant, his interest transfer to the benefit of the survivor or the survivors in equal shares, without court proceedings. One joint tenant can sever the joint tenancy by conveying his interest to a third party. Joint and survivorship ownership may be useful in certain situations. See similar questions...

What are some liabilities and rights of tenants?

FAQ
Repairs: The tenant is liable in damages for "waste." This means any unreasonable or improper use, abuse, mismanagement or omission of duty involving real estate by one rightfully in possession that results in its substantial damage. Normal wear and tear is not the responsibility of the tenant. It is not the tenant’s responsibility to repair defects resulting from the reasonable use of the premises or from an unavoidable act of the action of the elements. See similar questions...

What does minimally invasive joint replacement surgery mean?

Monterey Joint Replacement and Sports Medicine - Common Ques...
It is a new procedure involving smaller incisions that are approximately 3-4 inches, versus the traditional method that requires a 12 inch incision. See similar questions...

What does "Living Lawful Children With Right of Survivorship Per Stirpes" mean?

Ameriprise Financial — Beneficiary Designation FAQs
Per Stirpes is a Latin phrase meaning, "per branch." It is incorporated into Last Will & Testaments and estate planning as an instruction to pay an equal share of an estate to each "branch" of the testator's family. See similar questions...

What does the designation "tenants in common" mean?

Michigan lawyers and top litigation attorneys: Pear, Sperlin...
Tenants in common is a method of jointly owning real property. In Michigan, parties who own property as tenants in common do not succeed to the ownership of the fractional share of the property owned by a deceased tenant in common. In other words, there is no right to survivorship and the interest of the deceased tenant in common will go to his or her heirs, beneficiaries, or assigns. See similar questions...

What does 'rights-managed' mean?

loupe images - about us
Rights-managed products are high-quality products with a licence and fee based on your specific use. The fee is calculated from several factors including print run, size, placement, duration of use and geographic distribution. At the time you order a rights-managed product, you will be asked to submit information that will determine your licensing fee. See similar questions...

What does assigning rights mean?

Buma/Stemra - Frequently Asked Questions
The creator assigns the exploitation rights for his creation to another person or organisation. The latter thereby acquires control of how that work is then used. If the creator wants to retain the final say, then it is better to grant a licence for using it. This means that he is only giving permission for the work to be used in a specific way. He then keeps the music copyright. See similar questions...

Can I avoid probate by using joint tenancy with right of survivorship?

miEstatePlan.com | Frequently Asked Questions
Many people have become aware of the problems associated with probate and assume they can totally avoid probate by retitling all their assets to read "joint tenancy with right of survivorship" (JTWROS). This can create many unintended and negative consequences. JTWROS is a form of ownership in which two or more people own 100 percent of the same asset. The right of survivorship feature of joint tenancy means that the last joint tenant to die owns the entire asset. See similar questions...

How Can Nonparticipants Secure Their Survivorship Rights Immediately (QDRO Express)?

QDRO's
Consider using what the authors call "QDRO Express." If you represent a client whose spouse is covered under a defined benefit pension plan or a defined contribution plan, such as a profit- sharing or 401(k) plan, it is possible to submit an abbreviated QDRO immediately to the plan administrator for the sole purpose of securing your client's rights to survivorship benefits in the event of the premature death of the plan participant. See similar questions...

Do you have information on the rights and responsibilities of tenants and landlords?

Centres de Services Bilingues | Bilingual Services Centres
Yes, we can give you information. We also offer a wide variety of pertinent forms and publications or we can direct you to the Residential Tenancies Branch Web site or an information specialist. See similar questions...

Question: What does the "reservation of rights" language mean? What are they "waiving" at me?

FAQ about Trademark -- Chilling Effects Clearinghouse
Answer: Many C&Ds will say something like, "This letter shall not be deemed to be a waiver of any rights or remedies, which are expressly reserved." This is just legalese for saying, "Even if you do what we ask in this letter, we can still sue you later." The language is standard; do not be alarmed. Litigation is extremely unpleasant, and unless your opponent is irrational (always a distinct possibility, of course), it will not bring litigation after it has obtained what it wants. See similar questions...

The eBooks all have "Full Resell Rights". What does that mean?

The Ultimate eBook: F.A.Q.
Full Resell Rights means that you have the right to resell the eBook. Normally when you purchase an eBook it is intended for personal use only. With these eBooks, you are free to sell them to anyone and pay no commissions or royalties. See similar questions...

What does RIGHTS-MANAGED mean?

FAQ
Rights-managed imagery means high-quality products with a license and fee based on your specific use. The fee is calculated from several factors including print run, size, placement, duration of use and geographic distribution. At the time you order a rights-managed product, you will be asked to submit information that will determine your licensing fee. See similar questions...

What does RIGHTS-READY mean?

FAQ
Rights-ready is a fast and flexible new way to license rights-managed-calibre imagery with simple, one-click licensing typically associated with royalty-free. Rights-ready images have 10 year license duration and offer for your use purpose 8 predefined categories for images / 11 categories for film. See similar questions...

The police never read me rights. What does this mean?

Dallas County
It depends. Generally, the government may not use any statements you made against you if you made those statements while in custody and in response to police questioning unless they first informed you of your rights. This issue must, however, be decided by a judge after evaluating the specific facts in your case. Additionally, the fact that you were not read your rights does not mean that the charges against you must be dismissed. See similar questions...

What do "rights" mean?

Singing River Publications - Publishing information
Rights" refer to the ownership of the manuscript/book/music/CD or other hard copy of the author's original creation. See similar questions...

What does the term total joint replacement mean?

FAQ - Total Joint Replacement
Total joint replacement means replacing both sides of the surface of a joint. In the knee it means replacing both the thin cartilage surface on the lower joint surface which is the tibia, and the upper joint surface which is the femur. Also, the joint surface under the kneecap is replaced. This requires removing the thin cartilage surface and a thin surface of bone for replacement with a metal and plastic surface. See similar questions...

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