Equity Delights in Equality
Where two persons have an equal right, the property will be divided equally. Thus equity will presume joint owners to be tenants in common unless the parties have expressly agreed otherwise. Equity also favours partition, if requested, of jointly held property.
Read more about this topic: Maxims Of Equity
Famous quotes containing the words equity, delights and/or equality:
“If equity and human natural reason were allowed there would be no law, there would be no lawyers.”
—Christina Stead (1902–1983)
“Breathing with such suppression of the heart
As joy delights in; and, with wise restraint”
—William Wordsworth (1770–1850)
“Inequality is a fact. Equality is a value.”
—Mason Cooley (b. 1927)