Rights and Obligations among all Co-tenants III

Rights and Obligations among all Co-tenants III

Finish up your studies of the rights and obligations of co-tenants with an overview of the primary remedies of accounting and contribution available to co-tenants, as well as a discussion of the co-tenants' responsibility for various expenses.

Transcript

Welcome to the third installment of our discussion on the rights and obligations among co-tenants.

First, we’ll briefly survey two basic remedies that co-tenants have against one another: accounting and contribution. Of course, we discussed the remedy of partition at length in a prior clip, so we won’t belabor it here.

Next, we’ll discuss the rules governing the respective co-tenants’ responsibility for the following expenses: “carrying charges,” particularly property taxes and mortgage...