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Can a joint tenant bring a cause of action for Accounting?
Posted: Wed Mar 20, 2013 4:57 pm
by kykiske
Hello all,
In class we discussed how a tenant in common can bring a COA of accounting to retrieve proportional rents or profits that her cotenants acquire. Is the COA also available for joint tenants? Or is the COA limited to tenants in common?
Thank you.
Re: Can a joint tenant bring a cause of action for Accounting?
Posted: Sun Mar 24, 2013 11:58 pm
by MarcusAurelius
kykiske wrote:Hello all,
In class we discussed how a tenant in common can bring a COA of accounting to retrieve proportional rents or profits that her cotenants acquire. Is the COA also available for joint tenants? Or is the COA limited to tenants in common?
Thank you.
uuuuuhhhhhhh why don't you email your professor
Re: Can a joint tenant bring a cause of action for Accounting?
Posted: Mon Mar 25, 2013 10:17 pm
by UnfrozenCaveman
kykiske wrote:Hello all,
In class we discussed how a tenant in common can bring a COA of accounting to retrieve proportional rents or profits that her cotenants acquire. Is the COA also available for joint tenants? Or is the COA limited to tenants in common?
Thank you.
IIRC: Yes if ousted. But the occupying tenant can reduce maintenance charges.
Re: Can a joint tenant bring a cause of action for Accounting?
Posted: Mon Mar 25, 2013 10:27 pm
by stillwater
UnfrozenCaveman wrote:kykiske wrote:Hello all,
In class we discussed how a tenant in common can bring a COA of accounting to retrieve proportional rents or profits that her cotenants acquire. Is the COA also available for joint tenants? Or is the COA limited to tenants in common?
Thank you.
IIRC: Yes if ousted. But the occupying tenant can reduce maintenance charges.
JTs are also entitled to rent paid by external parties in their use of the property. But the JT that brought in the rent may bring an accounting also to show why the rent-seeking JT is not entitled to rent on the basis of their equal interest shares (i.e. that the two JTs shouldn't be splitting it equally)